Valley unemployment rates mostly lower in August

MGN Online

MGN Online

The Indiana Department of Workforce Development said Friday the state's August jobless rate compared with one of 3.1 percent in July.

Year-over-year, there was an overall gain 265,100 jobs, a 1.6 percent increase.

Statewide the unemployment rate was unchanged at 2.8 percent.

CT has recovered 78.1 percent of the jobs lost during the last recession, according to the state Labor Department. The national rate moved up slightly in August to 4.4 percent.

The state's preliminary jobs estimate for July was also revised up from 800 to 3,400 jobs added.

EDD said the number of unemployed Californians was 972,000 in August, up 46,000 from July but down 59,000 compared with August a year ago. The state's labor force participation rate stands at 64.4 percent, which remains higher than the national rate of 62.9 percent, according to the DWD. Growth occurred in seven major industry sectors, with four adding 3,300 or more jobs, each. Of the 14,200 jobs added last month, 9,700 were in the private sector. That is the second longest such stretch in more than 40 years. Over the year, the state's nonfarm payroll jobs were up 2.2 percent with a net gain of 15,200 jobs. New Mexico saw the largest percentage increase, followed by New Hampshire and Maryland. Those were offset by the loss of 4,600 professional and business services jobs and 1,300 in financial activities.

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