Stats Don’t Lie: Indiana Lost 16,500 Jobs In July
The Guv has been traipsing across Indiana these past two weeks talking about expansions and making other economic development announcements. Perhaps he knew this news was coming today (emphasis added):
Between June 2008 and July 2008 nonfarm payroll employment increased
in 14 states and the District of Columbia, and decreased in 36 states.
The largest employment increases were recorded in Texas (+17,700), Ken-
tucky (+11,300), Kansas (+8,800), the District of Columbia (+6,700),
and Tennessee (+5,700). The District of Columbia posted the largest
over-the-month percentage increase in employment (+1.0 percent), fol-
lowed by South Dakota (+0.9 percent), Kansas and Kentucky (+0.6 percent
each), and North Dakota (+0.3 percent). The largest employment decreases
occurred in Florida (-21,400), Georgia (-18,900), Indiana (-16,500),
California (-14,900), and Arizona (-14,100). Alaska experienced the
largest over-the-month percentage decline in employment (-0.7 percent),
followed by Indiana (-0.6 percent), and Arizona, Georgia, Hawaii, and
Utah (-0.5 percent each).
Yeah, our economy’s really heading in the right direction.
For those of you playing along at home, here are a few additional fun facts:
• Between July 2007 and July 2008, Indiana’s unemployment rate jumped from 4.4% to 6.3%, an increase of 1.9%
• According to figures released by the Bureau of Economic Analysis, Indiana was 44th in the nation last year in terms of GDP growth. [BEA, 2007 GDP Report]
• Between February 2005 and July 2008, Mitch Daniels has created only 20,500 jobs for the state of Indiana.
• Under the leadership of Gov. Joe Kernan - between September, 2003 and January, 2005 - Indiana gained 52,500 jobs.


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