Economists have forecast that employers added 750,000 jobs in August, according to the data provider FactSet. That would represent a substantial gain, but below the roughly 940,000 jobs that were added in both June and July.
An estimated 137,857 Hoosiers were unemployed and seeking jobs in July, the state reported Friday. That’s was down from 138,192 in June.
The gap between openings and hiring suggests that firms are scrambling to find workers. Lingering health fears, difficulty getting child care at a time and expanded federal jobless aid may have kept some unemployed Americans from seeking work.
Wages have been rising rapidly as the economy reopens and businesses struggle to hire enough workers. Some of the biggest gains have gone to workers in some of the lowest-paying industries.
June was the 13th consecutive month manufacturing has grown after contracting in April 2020, when coronavirus fears triggered business shutdowns across the country.
Retail workers, drained from the pandemic and empowered by a strengthening job market, are leaving jobs like never before.
Joshua Payne-Elliott, a foreign language and social studies teacher, sued the archdiocese after his contract with Cathedral High School was terminated in June 2019 for being in a same-sex marriage.
Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, have given many Americans the time and the financial cushion to rethink their careers.
Host Mason King talks with two restauranteurs—Loughmiller’s Pub & Eatery co-owner Danny Scotten and Upland Brewing Co. President David Bower—about how the labor crunch is affecting their eateries and what they’re doing to try to find workers.
A 2014 study found that, on average, 37% of immigrants working in urban America had co-workers who were also immigrants.
Chicago-based ActiveCampaign hasn’t realized the type of employment growth it projected in Indianapolis when it opened its local office two years ago. Company officials, however, emphasized this week that they still have big plans for the Indy office.
Weekly jobless claims are down sharply from a peak of 900,000 in early January, the Labor Department said Thursday.
The state’s unemployment rate has been doggedly retracing its steps over the last year from its latest spike, falling from 16.9% in April 2020 to 3.9% last month.
The recruiting technology company, which entered the local market with a single-employee office in 2014, began growing its Indianapolis operations after acquiring Canvas Talent Inc. in early 2019.
The pickup in hiring lowered the unemployment rate from 6.3% to 6.2%, the Labor Department said Friday in its monthly jobs report. That is down dramatically from the 14.8% jobless rate of April of last year, just after the virus erupted in the United States.
Economists have forecast that job growth reached 175,000 last month, according to data provider FactSet. That would mark a sharp improvement over an average of just 29,000 jobs a month from November through January.
Indiana’s unemployment rate has been doggedly retracing its steps in recent months from 16.9% in April, when the pandemic paralyzed sections of the economy.
The apprenticeship will enable high school students to attain soft skills, technical skills and relevant work experience in growing, high-demand industries.
The pace of Indiana’s steadily improving unemployment rate slowed considerably in September. Meanwhile, the state’s labor force participation rate and private employment numbers dropped.
The unemployment rate in Indiana rebounded dramatically in July, although the positive economic indicator was undermined by a drop in the state’s labor force.
