“In a region that has such a high dependence on manufacturing, we came through the year relatively well,” said Mark Becker, executive director of the Northeast Indiana Foundation, a part of the regional partnership.
It seems a surge of hiring came at the end of the year to outset jobs losses in 2009 that still outpaced 2008. This comes from a study commissioned by the group, conduct by the Community Research Insitute at Indiana Purdue Fort Wayne conducted by another former City of Fort Wayner staffer, John Stafford.
The [“Targeted Industry and Manufacturing Business Dynamics Report 2009] noted that twice as many businesses closed in 2009 as in 2008. In 2009, 42companies closed, which involved the loss of 3,686 jobs. In 2008, 21 closed with 1,928 jobs lost. The job cuts that the report termed “downsizings” caused the loss of 1,722 jobs in 23 reported events – about a 40 percent increase over 2008, when 18 downsizings cost 1,206 jobs., as reported by Bob Caylor.
According to the United Bureau of Labor Statistics Data, in 2008 Fort Wayne unemployment rank was 5.8%. By the end of 2009, the preliminary unemployment rank had almost doubled to 10.1%. Gary, Indiana a ghost town of manufacturing jobs, unemployment rank in 2008 was only .8% less and in 2009 outpaced Fort Wayne by a mire .7%.
Fort Wayne is not producing jobs to maintain its community. For example, checking out the numbers in the manufacturing area gives us some indication of our production level. The number of folks in the thousands working in Fort Wayne manufacturing industy, the hope of Indiana, went from 35.7 to 30.3 and is continuing its downward trend at 29.7 as of February, 2010, according to the BLS.
Just tell me how we the community can turn this unemployment trend around?
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