Indiana among hardest hit by job losses, report says
Indiana has had one of the steepest declines in employment since the recession began, according to new rankings from an economic policy group.
The share of the state's population that's employed dropped more than in all but five other states between November 2007 and May 2010, according to the Brookings Institution's Hamilton Project.
The share of Hoosiers employed dropped from 63.5 percent in November 2007 to 57.2 percent in May 2010.
Indiana's 6.3 percentage point drop was even bigger than the 5.6 percentage point decline in Michigan, which has had the highest unemployment rate among states for most of the recession but which also got hit earlier than other states.
good thing we have a financial genius like mitch daniels in the governor's office! ¶