The June 2011 unemployment report was released today by the Indiana Department of Workforce Development. The rate for Huntington County stood at 8.7%. The report covers the period from May 11, 2011 – June 10, 2011. The Statewide average was reported at 8.5%. The total labor force for Huntington County increased by 111 people, reflecting seasonal demand in the workplace. The report reflected 53 more people employed than in May despite the increase in the rate.
Five economic development projects have been completed by clients of Huntington County Economic Development so far during 2011. The 2011 efforts account for over $2.8 million in new investments in Huntington County and commit to the creation of 51 new jobs and the retention of 65 existing positions. Over the last 4 years, 30 projects have been completed (year to date) representing $100,933,000.00 of new capital investment committing to the creation of over 1,000 new jobs and the retention of over 1,000 additional existing positions.
"The report clearly indicates that while the situation has improved, our job in economic development is by no means finished," states Mark Wickersham, executive director of HCUED. "The unemployment rate in Huntington County continues to run just slightly higher than the Statewide average as opposed to the almost 2 full percentage points higher that we experienced in 2009. The unemployment picture for Huntington County has improved by 44% since the peak in June of 2009 when 2,977 Huntington County residents were unemployed compared with 1,668 as of June 10, 2011."
June 2011 Unemployment PDF