U.S. unemployment rate rises despite job gains
President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt.
Employment
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Financial services company closing Indiana call center
Ohio-based Vantiv Inc., which had more than 200 employees in Evansville just over a year ago, says it's going to reduce its work force to about 25 and close its call center in southwest Indiana.
Cummins shortens work week at Columbus factory
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
U.S. unemployment rate falls to 7.8 percent, wages rise
The nation’s jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers added 114,000 jobs. Wages rose over the month, and more people started looking for work.
Food-equipment maker closing state plant with 235 workers
Manitowoc Foodservice said it will eliminate 235 jobs with a Fort Wayne plant closure slated for April 30. The company gave no reason for its decision.
Cummins distributor plans to add 75 jobs in Indianapolis
Indianapolis-based Crosspoint Solutions LLC, a manufacturer of electric auxiliary power units, plans to hire the workers by 2016 as part of a $935,000 expansion.
Elkhart factory to close by 2013, costing 210 jobs
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
J.C. Penney closing distribution center, laying off 230
The distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September, company officials said.
Jobs go unfilled because workers lack needed skills
A survey of 1,123 manufacturing executives released last year found that 67 percent of companies had a moderate to severe shortage of available, qualified workers. The report estimated 600,000 jobs nationwide were going unfilled because of a lack of qualified candidates.
State’s unemployment rate held at 7.9 percent in May
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with gains in sectors including trade, transportation, utilities, and private educational and health services.
Manufacturing employment coming back, but without the wages of yesteryear
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Firm finds opportunity helping employers with hiring
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.
Hundreds losing jobs at local Aurora Bank office
The bank said it will terminate all 450 employees at its office on the northeast side of Indianapolis as the troubled residential mortgage servicing provider prepares to sell a large portion of its assets.
Researchers mull reasons behind Indiana’s gender wage gap
Reasons for Indiana’s wage gap between men and women range from the job mix in the state to whether women are staying in the workforce or taking breaks to have children.
Unemployment claims dip slightly in stagnant job market
The number of people applying for unemployment benefits was mostly unchanged last week, suggesting the job market isn’t getting much better.
Unemployment benefit requests jump again
The number of people applying for unemployment benefits jumped last week to the highest level in three months, another sign that the job market remains depressed.
This year’s metro area job losses deeper than in peer cities
As the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since 2002.
EDITORIAL: Invest in the underemployed
Armies of people find themselves lingering on the sidelines.
Jobless rate falls to 9 percent despite weak job growth
The economy generated only 36,000 net new jobs in January, the fewest in four months, but the unemployment rate fell because many of those out of work gave up on their job searches.
National unemployment claims drop sharply
Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.