Unemployment ticks up in March as state labor force grows
Indiana’s labor-force participation rate rose from 65.2% to 65.3% in March, remaining ahead of the national rate of 63.2%.
Indiana’s labor-force participation rate rose from 65.2% to 65.3% in March, remaining ahead of the national rate of 63.2%.
Small business owners, especially those who learned hard lessons from the Great Recession about overstaffing, are playing it safe.
Some immigration attorneys and those who hire specialized workers under the H-1B program say they’ve seen unprecedented disruptions in the approval process since President Donald Trump took office in 2017.
Private sector employment in Indiana grew by 12,200 in December with significant gains in education and health services, construction and hospitality.
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.
Gaylor Electric would spend $4.4 million to build a 49,000-square-foot prefabrication facility. It has requested tax incentives on the project that would save it more than $500,000.
Boone County has been deluged with announcements about new businesses with new jobs, but filling those jobs could be challenging in a fairly rural area with a rock-bottom unemployment rate.
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—rose to 65.1 percent in September. It remains ahead of the national rate of 62.7 percent.
After earning a master’s degree in philosophy, Jack Hope took the next obvious step: cementing his part-time gig as a plumber into a full-time business. Hope Plumbing now expects to $6 million in annual revenue.
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
The nation’s biggest private employer asked hourly workers to rate potential incentives, including a sign-on bonus, child-care services, tutoring, pet care and gym memberships.
The company could receive up to $1.025 million in state tax credits as part of its expansion plans, which include adding 2,000 square feet to its Fishers office.
Maria Bertram had a great career as an engineer for Eli Lilly and Co., so why did she chuck it to open a little cafe in a distressed neighborhood?
U.S. employers advertised 6.6 million open jobs in March, the most on records dating back to December 2000, suggesting businesses want to boost staffs to meet strong demand.
Although the overall unemployment rate remained static from February, nearly 10,000 more state residents were employed in March than in February.
Economists have forecast that employers added a solid 185,000 jobs in March and that the unemployment rate dipped from 4.1 percent to a fresh 17-year low of 4 percent. Was that enough to boost pay?
Private sector employment grew by 5,200 over the month and is up 28,200 over the past year, the state said.
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
The rate has crept up from 3 percent in June, when it narrowly missed a state-record low of 2.9 percent, last achieved in 2000.
Thyssenkrupp Steering will create 64 new jobs and plans to move existing positions from its operations in Indianapolis to the new location at Exit Five Parkway.