Consumers burst with confidence in December
Suddenly robust economic growth, low unemployment and shrinking gas prices have improved the outlook of Americans, a study shows.
Suddenly robust economic growth, low unemployment and shrinking gas prices have improved the outlook of Americans, a study shows.
The company announced plans for the $100 million factory in March, with officials saying they anticipated hiring more than 200 workers within five years.
The number of people seeking jobless benefits has been at historically low levels for 14 of the past 15 weeks. That indicates companies are retaining workers and expecting economic growth to continue.
In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
Nine of the 16 firms who announced their plans with state officials Thursday expect to boost operations and employment in the Indianapolis area, forecasting 933 jobs.
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Indiana added 5,500 private-sector jobs in October with modest bumps in manufacturing and the trade, transportation and utilities sector.
After planning a move to Westfield, Algaeon Inc. has instead leased new space in Indianapolis for a research and production facility. Planning 25 hires, it is seeking a tax break from the city on $4.9 million in new equipment.
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
The Indiana-based tomato processor is spending more than $8.5 million to add more than 250,000 of space to its facilities in Geneva.
The unemployment rate fell to 6.1 percent from 6.2 percent in August, although U.S. employers added fewer jobs than expected.
California-based Carrington Mortgage Services said Thursday it plans to spend $3.2 million to open an office in Westfield. In addition to the new hires, about 180 employees in Fishers would move to the Westfield location.
The new part-time and full-time jobs will pay in a range of $12 to $18 per hour, according to Boston-based Interactions Corp.
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
The state added 17,400 jobs to employer rolls in June, including a 7,400-worker boost in the government sectors. But a bump in residents returning to the labor force increased the unemployment rate.
The numbers suggest a strengthening job market, especially since hiring is at its healthiest clip since the late 1990s, and the 6.1 percent unemployment rate is at a 5 1/2-year low.
Employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
Quarles & Brady is the latest large law firm to expand to Indianapolis, and it plans to make a splash with a platoon of attorneys in high-profile office space.
Michigan-base Online Tech plans to open a 25-employee facility just west of Lucas Oil Stadium, serving businesses that need cloud computing.