Revised November and Preliminary December Jobs Figures Released

INDIANAPOLIS, IN - The number of jobs in Indiana is now 10,400 higher than in December of 2005, according to figures released last week by the Indiana Department of Workforce Development.Indiana's seasonally adjusted job figures indicate a revised November total of 2,988,400 jobs while preliminary figures for December indicate 2,986,300 jobs. In January, 2006, the number stood at 2,960,100.

The payroll employment statistics used in the jobs report is calculated through a monthly survey of 7,500 Hoosier employers and is based on reported payroll figures. It is an estimate of non-agricultural jobs in Indiana businesses and does not include self-employed or agricultural workers.

Seasonally Adjusted Figures

The nation's seasonally adjusted figures show that U.S. employment grew by 167,000 jobs with most service-providing sectors of the economy showing growth. Construction employment was little changed and manufacturing continued to decline. Employment has grown by 1.8 million when compared to December 2005 with the greatest number of jobs being added in education & health services and professional & business services.

Meanwhile, Indiana remains approximately 27,600 jobs off its peak, which was reached in May of 2000. The number of jobs in Indiana according to November revised data was 2,988,400, whereas December preliminary figures were 2,986,300. Seasonally adjusted employment declined slightly in December, losing 2,100 jobs. Manufacturing losses and declines in the employment services component of professional & business services contributed to the loss.

Of the eleven supersectors, only three gained employment over the month while six lost jobs and two were unchanged. Over the year employment is higher by 10,400 jobs.

Non-Seasonally Adjusted Figures

Indiana's December preliminary non-seasonally adjusted payroll estimates indicate 3,010,300 jobs for the state, while November's revised total reported 3,017,400 jobs.

Declines in construction, manufacturing, professional & business services, and government were significantly more we have seen in recent trends. Those losses combined with light hiring in trade and financial activities resulted in a net loss of 7,100 non-farm jobs over the month.

Non-Seasonally Adjusted Metropolitan Statistical Areas

Preliminary job figures in the state's Metropolitan Statistical Areas (MSA) for December with last month's and last year's job numbers:

MSA Dec. 06Nov. 06 Dec. 05

Anderson 44,400 44,600 45,200

Bloomington 83,800 84,300 84,300

Columbus 44,200 44,200 43,500

Elkhart-Goshen 131,100 131,400 129,700

Evansville 181,100 181,500 179,700

Fort Wayne 219,200 219,600 218,000

Gary 282,000 282,000 281,200

Indianapolis 902,500 903,000 895,400

Kokomo 47,600 47,700 47,500

Lafayette 93,400 95,000 95,300

Michigan City 48,400 48,600 47,500

Muncie 53,000 53,200 53,700

South Bend 148,300 148,200 149,400

Terre Haute 75,500 75,600 75,100

The Department of Workforce Development is charged with continually improving the Hoosier workforce by assisting companies to create new jobs and improve employee skills. The agency offers a variety of training and educational grants, partners with Indiana's 26 WorkOne Centers, administers the unemployment insurance system, provides labor market information, assists employers with preparing workers for layoffs and closures and operates a statewide job placement service.

Technical Notes:

• Payroll employment is calculated through a monthly survey of 7,500 Hoosier employers and is based on reported payroll figures. It is an estimate of non-agricultural jobs in Indiana businesses and does not include self-employed or agricultural workers.
• The survey that calculates the payroll employment estimate is conducted by the U.S. Bureau of Labor Statistics and is conducted during the week of the 12th of the month.
• In calculating employment figures, two different types of calculations are provided. The first, non-seasonally adjusted, provides information without taking into account the effects of seasonal trends. In calculating the seasonally adjusted information, employment that follows more or less a regular pattern each year, including holiday or summer employment is factored out of the estimate. The adjustments make it easier to observe the cyclical and other non-seasonal movements.
• For the most accurate analysis, please use revised data sets and not preliminary estimates.

Source: Indiana Department of Workforce Development Press Release

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