Unemployment numbers show Indiana’s situation improving slightly faster than the rest of the nation, but the state took a harder fall to begin with in 2007 through 2009. Indiana University Professor Emeritus of Economics Bill Witte says Indiana’s manufacturing jobs are rebounding faster than other industries.
“In Indiana,” he says, “we actually saw a recovery in employment a little early, and I think to a large extent because the national economy recovery has been led by manufacturing, and Indiana is a manufacturing state.”
With unemployment benefits expiring though for thousands of Hoosiers, State Representative Matt Pierce says the state is going to have step and not rely exclusively on the federal government for support.
“In this particular economy,” says Pierce, “its easy to just look at the whole global issue, the banking, and the federal reserve, and say ‘this is bigger than all of us combined at the statehouse.’ You really can’t just seed the territory, you’ve really got to look at what we can do in Indiana to try to improve it.”
Currently, Indiana’s unemployment stands around 9.8%, up from 9.5% earlier this year.