WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Unemployment Rate Down For First Time In 17 Months

Last updated on Monday, August 10, 2009

(UNDATED) - The national unemployment rate has dropped for the first time in 17 months, but Indiana may or may not follow along.

State-by-state jobless figures will be released later this month. Ball State economist Michael Hicks says Indiana should come out looking good; he says a big factor in the national numbers is the return of some GM and Chrysler plants to active status after months of layoffs, including in Indiana.

Hicks believes the recession has bottomed out and the recovery is underway, but cautions it may take a few months for Indiana to reap consistent benefits."

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page