Fort Wayne Forecast 2012

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					Fort Wayne Forecast 2012
John Stafford: Director, Community Research Institute, Indiana University–Purdue University Fort Wayne




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DOCUMENT INFO
Description: The online publication The Fiscal Times reported that the Fort Wayne, IN, metropolitan area (MSA) led the top 100 metro areas in the US in net job growth over the past 12 months. This news was certainly a boost to a community that had been hit hard by the Great Recession. Based on the most recent non-seasonally adjusted unemployment data provided by the Indiana Department of Workforce Development (September 2011), the Fort Wayne MSA is tied with the Indianapolis area for the fourth-lowest unemployment rate among all 16 Indiana metropolitan areas. The monthly Local Area Unemployment Statistics data series indicates that more than 17,000 area residents are unemployed. Wage levels in Fort Wayne remain a real concern. The number of jobs reflected in positive announcements has outweighed the number of jobs associated with negative announcements as tracked by the Community Research Institute over the past five full quarters in the Fort Wayne region.
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