Indiana, local jobless rate rises slightly

Business

A developer known for its senior citizen complexes has invested $6 million to acquire a Kosciusko County lakeside resort.Today 10:05 am

Grain futures rose, beef prices fall

CHICAGO (AP) — Grains futures rose Wednesday on the Chicago Board of Trade.Wheat for July delivery rose 8 cents to $6.885 a bushel; July corn jumped 18.5 cents to $6.Today 7:21 am

Markets roiled by Nikkei's 7.3 percent slide

LONDON (AP) — Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago.Today 7:19 am

Indiana’s preliminary jobless rate inched up by 0.1 percentage point to 8.0 percent in June, according to seasonally adjusted data released today by the Indiana Department of Workforce Development.

The Fort Wayne metropolitan statistical area saw a smaller increase in non-seasonally adjusted data. The rate climbed to 7.7 percent in June from May’s revised rate of 7.5 percent. The local MSA includes Allen, Wells and Whitley counties.

Although the local three-county area saw an increase, the rate is a significant improvement from the area’s 8.9 percent unemployment rate reported in June 2011.

State officials noted this was the first increase in Indiana’s unemployment rate in almost a year.

For more on this story, see Saturday’s print edition of The Journal Gazette or go to www.journalgazette.net after 3 p.m.

sslater@jg.net