U.S. jobless claims fall to pandemic-low 547,000
Weekly jobless claims are down sharply from a peak of 900,000 in early January, the Labor Department said Thursday.
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Indiana unemployment rate drops below 4% for first time since pandemic
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.
Jobvite moves HQ from California to Indianapolis, plans to add 200 employees
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.
U.S. adds strong 379,000 jobs in hopeful sign for economy
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.
U.S. job growth likely rose in February in rebound from slump
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.
State jobless rate continues to improve, hitting 5% in October
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.
Employ Indy, Ascend Indiana launch paid high school apprenticeship program
The apprenticeship will enable high school students to attain soft skills, technical skills and relevant work experience in growing, high-demand industries.
Indiana unemployment rate inches lower, ending string of big strides
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.
Indiana unemployment rate recovers to single digits
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.
Trump orders limits on foreign workers, extends immigration restrictions
The freeze announced Monday will apply to the H1-B visa category for highly skilled workers, the H4 visa for their spouses and the L visas companies use to transfer international employees into the United States.
Pay cuts, layoffs hit white-collar workers, too
Experts say the wave of layoffs and pay cuts that first ravaged the service industry in mid-March are starting to erode management, upper-level and even executive jobs.
Indy tech sector is growing in size, but not in U.S. job market share
A recent report concluded that 90% of the nation’s tech and innovation sector employment growth from 2005 to 2017 was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego and San Jose, California.
Low-wage workers have least cushion during coronavirus crisis
Many of those workers already live paycheck to paycheck—and a disruption in the flow of those checks could set off long-term financial problems. Foreclosures, evictions, bankruptcies, repossessions and more.
Upcoming U.S. jobs data will provide gauge for virus economic damage
A range of job market barometers will provide some of the most vital signals about the economy in the coming weeks and months.
U.S. economy added 225,000 jobs in January as more people entered market
But revisions to reported job growth in 2018 and 2019 show that the government overcounted by about half a million jobs.
U.S. jobs report should offer clues to state of economy
With signs of a weakening economy spreading and financial markets gyrating, Friday’s monthly jobs report will be watched for any evidence that the turmoil might be threatening the critically important U.S. job market.
Target increasing holiday hiring by 4%, to more than 130,000
Retailers will likely have a tough time attracting holiday help again this year. Unemployment is near a 50-year low, and people can be pickier about where they work.
Indicators in U.S. jobs market warn of possible weakness ahead
Two key indicators—hiring for temporary-help positions and weekly working hours—have declined this year even as unemployment has remained near a half-century low.
Indiana’s unemployment rate dips in July
At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.
Richer U.S. households fueling hot job sector: ‘wealth work’
In an era that has witnessed a steady loss of manufacturing jobs, wealth positions hold one major distinct advantage: Because these jobs require personal interaction, they are immune to the threat of automation and outsourcing.