By Marisela Burgos
INDIANAPOLIS, Ind. (September 1, 2014)-- Hoosiers who celebrated Labor Day expressed being thankful for their employment, but they also thought about other people who are still looking for an opportunity.
The latest unemployment rate is from July and it indicated the unemployment rate for Indiana is 5.9%. It was 5.9% in June too. The August unemployment rate should be released later this week.
“It’s a mixed bag right now. Nationally, we’re at 6.2% unemployment. We are not close to the pre-recession levels, which was 4.7% and that’s a lot of people unemployed,” Dr. Matthew Will, Associate Professor of Finance at the University of Indianapolis said.
Dr. Will said while there may be people who are unemployed, there are also many people who have jobs. He said Indiana is in a better position than some of the other states that surround us. He said a part of that is because we have continued to attract businesses.
“It’s going to get better. The problem is we may have to accept the fact that the economy is not going to get back to where it was in 2005 and 2006,” Dr. Will said.
Dr. Will pointed out that Indiana is big on manufacturing. The Indiana Department of Workforce Development noted that since June our state has also added private sector jobs.
On Monday, some Hoosiers showed other Hoosiers appreciation for working today. Olive Garden employees cooked lunch for a fire station in Carmel. They wanted to honor service workers in our state. Captain Craig Phillips did not mind working today.
“We’re all very blessed to have this job…..(we) really like fire services. It’s a great career. It’s good employment (and) nowadays a good job is hard to come by,” Captain Phillips said.