Americans collecting unemployment benefits hit 53-year low
American workers are enjoying historically strong job security two years after the coronavirus pandemic plunged the economy into a short but devastating recession.
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U.S. added 428,000 jobs in April despite surging inflation
With many industries slowed by labor shortages, companies have been jacking up wages to try to attract job applicants and retain their existing employees. Even so, pay raises haven’t kept pace with the spike in consumer prices.
U.S. employers post record employment openings, job quits
Employers posted 11.5 million job openings in March, more evidence of a tight labor market that has emboldened millions of American workers to seek better paying jobs and contributed to the biggest surge in inflation in four decades.
Walmart: Burned fulfillment center where 2,089 worked to remain closed
Walmart said 957 of the people employed at the facility have accepted new jobs with the company, while 1,132 “have not accepted alternative positions.”
Catalent to invest $350M in Bloomington operations, add 1,000 jobs through 2023
The expansion comes on top of more than 1,000 positions the drugmaker has added since Jan. 1, 2021, bringing its current Bloomington workforce total to more than 4,000, which includes employees and workers provided by staffing agencies.
Lilly CEO: Indiana must improve education, reduce health care costs to stay competitive
When it comes to competing for jobs, Indiana is far behind the curve in critical ways, Eli Lilly and Co. CEO David Ricks told a lunch crowd Wednesday at the Economic Club of Indiana.
U.S. added 431,000 jobs in March in sign of economic strength
The government’s report Friday showed that last month’s job growth helped shrink the unemployment rate to 3.6%. That’s the lowest rate since the pandemic erupted two years ago and just above the half-century low of 3.5% that was reached two years ago.
Hackers find easier paths as 600,000 U.S. cybersecurity jobs sit empty
In the last 12 months, job openings have increased 29% in cybersecurity, more than double the rate of growth between 2018 and 2019, according to Gartner TalentNeuron, which tracks labor market trends.
U.S. job openings, quitting at near-record high in February
There were 11.3 million available jobs last month, matching January’s figure and just below December’s record of 11.4 million, the Labor Department said Tuesday.
U.S. job openings at near record, adding to price pressures
Wednesday’s report underscores the distorted nature of the job market after two years of the pandemic. There are 1.7 available jobs for every unemployed worker, which has led to widespread complaints among businesses about worker shortages.
Indoor vertical farm plans $70M facility, 120 jobs in Indiana
The company said the new location will allow it to expand its bagged salad and salad kit offerings to retailers and consumers throughout the Midwest and mid-south regions.
UPDATE: U.S. employers add surprising 467,000 jobs in January, put pressure on Fed
The government’s report Friday also drastically revised up its estimate of job gains for November and December by a combined 709,000.
U.S. Black jobless rate improves, with more entering workforce
The latest government figures show that the surprisingly strong labor market last month extended to parts of the workforce that usually take longer to draw in.
Jobless claims fall for second straight week
After three consecutive weeks of unemployment claims that appeared to rise in tandem with omicron, fewer Americans applied for unemployment benefits for the second week in a row.
U.S. job openings rose in December amid worker shortages
About 4.3 million people quit their jobs in December, down from a record of 4.5 million in November. Still, far more Americans are leaving their jobs than before the pandemic.
U.S. jobless claims rise to 286,000, highest since October
Jobless claims rose for the third straight week—by 55,000, to 286,000, the Labor Department reported Thursday. The jump in claims marked the biggest one-week increase since mid-July.
Develop Indy deals led to 4,575 pledged jobs, $570M in investments, leaders say
Develop Indy, Indianapolis’ economic development agency, made incentive deals involving 71 business relocation or expansion projects during the first 11-plus months of the year, officials announced Tuesday.
Companies predicted to give biggest raises since 2008
Americans are in line for their biggest wage increase in more than a decade, according to a report released Wednesday, as companies struggle against a tight labor market and high inflation.
U.S. businesses advertise for near-record 11 million open jobs
The figures from the Labor Department’s Job Openings and Labor Turnover survey, or JOLTS, show that with so many companies chasing relatively few unemployed people, job-seekers have the most bargaining power they have had in at least two decades.
Citing burnout, women have been slow to return to U.S. workforce
A new report illustrates how the pandemic imposed a heavy toll on working women. It found one in three women over the past year had thought about leaving their jobs or “downshifting” their careers.