Employers added 303,000 jobs in March, soaring past expectations
The unemployment rate fell to 3.8 percent last month, the Bureau of Labor Statistics reported Friday, extending the longest stretch of unemployment below 4 percent in five decades.
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Free weekend clinic to educate youth about non-playing basketball careers
Spots are still open for The Business of Basketball, a free clinic that’s part of the NBA’s effort to develop youth interest in basketball.
Job cuts part of Hillenbrand’s ‘restructuring’ plan
Indiana-based Hillenbrand Inc. is planning to launch a program designed to reduce costs and improve operational efficiency after what is being described as a weaker-than-expected performance from one of its primary business segments.
Salesforce to cut about 700 workers, adding to tech layoff flood
Other tech companies, such as Microsoft Corp., Alphabet Inc.’s Google and Amazon.com Inc., also signaled layoffs this month.
Once red hot, job market has cooled; unemployment still low
Employers are doing a lot less hiring than they were a year ago—a sign that the job market in Indianapolis, and nationwide, has cooled considerably.
Few students signed up for career scholarships, as lawmakers look to expand the law
Just over 200 Indiana students received state funding for job training in the first year of the state’s Career Scholarship Accounts program.
Translation app Duolingo fired some contract workers in favor of AI
Language-learning app Duolingo has been steadily firing contract writers and translators and replacing them with artificial intelligence, in one of the most high-profile instances yet of a company getting rid of human workers in favor of AI.
U.S. employers add surprisingly strong 216,000 jobs in sign of continued economic strength
The strength of the December hiring, combined with strong wage gains and a declining labor force, could complicate the Federal Reserve’s efforts to guide the United States to a “soft landing.”
U.S. labor market seen cooling in 2024, Fed surveys show
U.S. employers expect to hire less in 2024, according to several regional Federal Reserve bank surveys, a trend that’s set to limit wage gains and cool inflation pressures.
Is economy on track for soft landing? Jobs report might offer clues.
The November jobs report from the Labor Department is expected to show that employers added a still-solid 172,500 jobs last month, according to a survey of economists by FactSet.
U.S. job openings fall to lowest level since March 2021 as labor market cools
The unemployment rate has come in below 4% for 21 straight months, the longest such streak since the 1960s.
U.S. unemployment claims drop in another sign of labor market resiliency
The claims are viewed as a proxy for layoffs and remain extraordinarily low by historical standards, signalling that most Americans enjoy unusual job security.
Stellantis to offer buyout, early retirement packages to 6,400 nonunion salaried workers
The automaker, formed in the 2021 merger of Fiat Chrysler and PSA Peugeot of France, said it is taking the action “to protect our operations and the company.”
U.S. employers added surprisingly strong 336,000 jobs in September
The economy has now added an average of 266,000 jobs a month for the past three months, a streak that could make it likelier that the Federal Reserve will raise its key rate again before year’s end as it continues its drive to tame inflation.
U.S. firms cut fewer jobs in third quarter amid holiday ramp-up
The report adds to evidence that the U.S. labor market remains resilient even in the face of aggressive Federal Reserve interest-rate increases, though it also comes as various datasets increasingly send conflicting signals.
U.S. job openings rose in August, defying expectations
The U.S. labor market remains strong despite higher interest rates—perhaps too strong for the inflation fighters at the Federal Reserve.
U.S. employers added 187,000 jobs in August
Last month’s job growth marked an increase from July’s revised gain of 157,000, but still pointed to a moderating pace of hiring compared with the sizzling gains of last year and earlier this year.
Indy Job Corps expands presence, career opportunities
The center is now searching for more low-income young people to
take advantage of free training as office administrators, certified nursing assistants and, within the next year, manufacturing trades workers.
Closure of Indiana chicken facility to cost 368 workers their jobs
More details have emerged regarding the impact of Tyson Foods’ announcement this week that it is closing four chicken processing facilities, including one in Indiana.
U.S. employers added fewer-than-expected 187,000 jobs in July
Despite the influx of workers, average hourly wages rose 0.4% from June and 4.4% from a year earlier—numbers that were hotter than expected and are likely to worry the Federal Reserve.