U.S. claims for unemployment aid hit lowest level since 1969
The Labor Department on Thursday said claims for jobless aid fell by 5,000 last week, to 192,000, lowest since September 1969.
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Community foundation’s new mission: helping the marginalized thrive
The Central Indiana Community Foundation’s new five-year plan focuses on making Indianapolis a more inclusive city, a goal it hopes to achieve partly by training 5,000 community leaders and residents about institutional racism.
Hiring rebounds as U.S. employers add 196,000 March jobs
The employment figures reported Friday by the government suggest that February’s anemic job growth figure was merely a temporary blip and that businesses are confident the economy remains on a firm footing.
Applications for U.S. unemployment aid fall to 49-year low
Applications are a proxy for layoffs, so the drop to such a low number indicates that companies are cutting very few workers.
U.S. consumer spending misses forecasts as inflation eases
The spending figures, which reflected weaker sales of new autos, signal first-quarter growth faces additional headwinds, though surveys show consumers remain generally upbeat.
U.S. economic growth for Q4 revised down to 2.2 percent
Consumer spending, business investment, government spending and housing all came in lower than first thought.
Trump says tariffs will stay until China complies with deal
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
U.S. economic growth slows to 2.6 percent rate
The current expansion, now in its 10th year, is the second longest in U.S. history. But it has featured the weakest annual growth rates of any recovery in the post-World War II period.
Fed’s Powell predicts solid but slower growth in 2019
In delivering the Fed’s semiannual monetary report to Congress, Powell said the Fed will be “patient” in determining when to boost its benchmark policy rate in light of the various “crosscurrents and conflicting signals.”
Business economist group sees recession likely by 2021
Roughly half of the member economists in the National Association for Business Economics say they think the U.S. economy will slip into recession by the end of next year.
U.S. employers add robust 304K jobs as expansion hits record length
U.S. employers shrugged off last month's partial government shutdown and engaged in a burst of hiring in January.
Economy likely to pick up, though pain may linger for some
S&P Global Ratings estimates that the economy lost $6 billion because of the government closure—a sizable but relatively negligible sum in a $19 trillion-plus U.S. economy.
U.S. employers added whopping 312,000 jobs in December
U.S. employers dramatically stepped up their hiring in December in an encouraging display of strength for an economy. And average hourly pay improved 3.2 percent from a year ago.
U.S. consumer confidence slips amid volatile stock market
U.S. consumer confidence tumbled this month, but consumer spirits are still high by historic standards.
Business publication predicts 3.2 percent growth in Indiana in 2019
Indiana Business Review indicated that history suggests a decade-long U.S. and Indiana economic expansion may be coming to an end of its natural cycle.
State unemployment rate ticks up to 3.6 percent
The national unemployment rate for November was 3.7 percent. With the exception of one month when it was equal, Indiana’s unemployment rate has been below the U.S. rate for more than five years.
U.S. economy grew at 3.4 percent rate in third quarter
Economists believe that economic growth is slowing in the fourth quarter to around 2.5 percent. For the full year, GDP growth is projected to top 3 percent — the best showing since 2005.
U.S. job vacancies rise, exceed unemployed by 1 million
The number of openings is the second-highest on record, reinforcing the view that the trend of employment is strong.