Unemployment sinks to 4.6 percent as U.S. adds 178,000 jobs
The unemployment rate hit a nine-year low in November, although mainly because many people stopped looking for jobs and were no longer counted as unemployed.
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Social analytics firm Geofeedia hit by data crackdown
The Chicago-based tech firm, which has pledged to hire hundreds of employees in Indianapolis by 2020, suddenly is facing a game-changing threat to its business.
Kimball acquires family of Indy manufacturers for $11.8M
Jasper-based Kimball Electronics has taken on 165 employees after buying a firm and its subsidiary in separate deals.
Study finds Indy startups lag in job growth
Startups in Indianapolis often have barely grown after five years in business, according to a new study, a development that’s rekindled criticism of the local venture capital landscape.
High-tech jobs surge in Indianapolis, report says
Indianapolis saw high-tech software and services employment grow 18 percent from 2012 to 2014—the eighth-fastest rate among the 30 cities surveyed, according to CBRE Research.
January jobs report filled with positive economic news
Employers raised pay, more people felt confident enough to look for work, and the unemployment rate dipped to 4.9 percent, its lowest level since 2008.
Retirements, aging population cause nursing shortage
Facing a surge of retiring nurses and a growing number of patients, Indiana hospitals are scrambling to fill thousands of nursing positions, raising questions about whether they will be able to keep operations fully staffed.
Startup seeks $2M to help employers fill low-skill jobs
The Indianapolis tech firm founded by Internet job-board veterans is focusing on the proximity of job candidates to the workplace for high-turnover positions.
Return Path among outside tech firms bullish on Indy
Out-of-town technology companies are putting down roots here and growing fast. They’re looking to tap into relatively fresh talent pools and to capitalize on what cities like Indianapolis don’t have—a high cost of doing business and intense employee poaching.
Retailers, restaurants struggle to find staff in north ‘burbs
Advertisements for traditionally low-wage jobs in hospitality and retail decorate major thoroughfares in the northern suburbs, offering management positions and higher pay as incentives.
Forecast for 2016: Strategist says slow economic growth ahead
If the U.S. economy were a compact car, it would be running on just three of four cylinders. That was the central message of a Fifth Third Bank expert at IBJ's 2016 Economic Forecast on Wednesday.
U.S. adds 223,000 jobs as jobless rate slips to 5.3 percent
The rate fell mostly because many people out of work gave up on their job searches and were no longer counted as unemployed. Average hourly pay was flat.
Greenwood HR firm plans expansion, 245 hires by 2020
Human resources and corporate benefits firm Tilson expects a tidal wave of new workers by the end of the decade as firms try to cope with complex employee requirements.
State jobless rate drops to 5.1 percent for May
The Indiana unemployment mark is below the national rate of 5.5 percent for April and down from the state’s 6.0 percent mark in January.
New workforce thrust aims to boost Indy tech expertise
Businesses and other employers can anticipate more technologically literate college graduates—and see their existing employees raise their tech game—if a new program pans out.
Pace of U.S. hiring weakens in March
Employers added only 126,000 jobs, the fewest since December 2013 and snapping a streak of 12 straight months of gains above 200,000. Wage growth remained modest.
January jobs report finds robust gains on all fronts
The Labor Department said Friday that the economy added 257,000 jobs in January, previous months were revised up, wages rose by the most in six years, and more Americans entered the job market.
U.S. pay, benefits posted biggest gain since 2008
An uptick in the employment cost index during 2014 could be a sign strong job gains are forcing companies to pay a bit more for workers.
Two Italian firms to start operations in Indy area
Sirmax and OMR Automotive, both suppliers to the automotive industry, plan to build plants in Speedway and Anderson and together could create up to 110 jobs over the next several years.
Applications for U.S. jobless aid rise, but growth looks solid
More Americans sought unemployment benefits last week, but the number of applications continues to be at historically low levels that suggest solid economic growth will continue.