U.S. unemployment falls to 8.4% as employers add 1.4 million jobs
The U.S. economy has recovered about half of the 22 million jobs lost to the pandemic.
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August jobs report expected to point to still-slow recovery
While a monthly gain above 1 million would show that some businesses are still willing to add workers, it would take many months to return to pre-pandemic job levels even if that pace could be sustained.
City public health leader named interim chief of Health and Hospital Corp.
Paul Babcock, director of the Indianapolis Office of Public Health and Safety, will take over for longtime President & CEO Matthew Gutwein, who is leaving after 18 years in the job.
Tech rout sends stock market to its biggest loss since June
Wall Street’s euphoria took a break Thursday, as steep losses in technology stocks dragged down the the rest of the market. It was the biggest decline since early June, when investors were dealing with a surge of coronavirus infections.
Overworked and exhausted, warehouse workers brace for a frenzied holiday rush
Warehouse workers say they’ve been under enormous pressure for months, working extended hours to fulfill a crush of pandemic orders. Now they are preparing for an unprecedented surge in demand, as retailers kick off online holiday sales earlier than ever.
Indiana reports 1,110 new COVID-19 cases, 4 more deaths
Indiana’s seven-day testing-positivity rate for unique individuals rose from 6.8% on Wednesday to 7% on Thursday.
U.S. trade deficit surges to highest level in 12 years
The increase was driven by a record 10.9% increase in imports. Exports were also up, but by a smaller 8.1%.
Fauci warns Indiana, six other states to be on alert over Labor Day
There’s particular concern since the holiday comes as more Americans are going back to schools, colleges and work, and commercial travel expands.
U.S. productivity sees record 10.1% quarterly increase
U.S. productivity rose at a record rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago.
Initial unemployment claims fall nationally, tick up in Indiana
In Indiana, 10,783 people filed initial unemployment claims in the week ended Aug. 29, up from an adjusted number of 10,597 the previous week
IU School of Medicine to test COVID-19 experimental vaccine
The medical school said it will enroll up to 1,500 volunteers in a late-stage clinical trial for a vaccine being developed by British drugmaker AstraZeneca in partnership with Oxford University.
Indiana tweaks county virus rating system for school decisions
State Health Commissioner Dr. Kristina Box said the ratings were changed based on feedback received from school leaders in the past week.
Depression, anxiety spike amid pandemic, turbulent times
Mental health therapists’ caseloads are bulging. Waiting lists for appointments are growing. And anxiety and depression are rising among Americans amid the coronavirus crisis, research suggests.
CDC tells states to be ready to distribute vaccines on Nov. 1
The timeline raised concern among some public health experts about an “October surprise”—a COVID-19 vaccine approval driven by political considerations ahead of a presidential election, rather than science.
Memo: NCAA to furlough its entire staff for up to 8 weeks
The NCAA will furlough its entire Indianapolis-based staff of about 600 employees in a cost-saving move, according to memo obtained Wednesday by The Associated Press.
CBO: U.S. government debt almost the size of entire economy for first time since WWII
Congress has approved more than $3 trillion in new spending since March to combat the pandemic and subsequent economic downturn, approving hundreds of billions in aid for businesses and the unemployed.
Housing industry groups consider challenging Trump’s anti-eviction order
Advocates for low-income families and other Americans struggling to afford their housing costs praised the Trump administration for its approach, which is broader than what Congress enacted earlier in the pandemic.
Steroids can save lives of patients with severe COVID-19, earning WHO endorsement
Cheap, widely available steroid drugs reduced the number of deaths in the sickest patients with COVID-19, show a trio of newly published clinical trials.
Indiana reports another 871 COVID-19 cases, 13 more deaths
Indiana reported the testing of 9,085 more individuals, the seventh time in eight days that testing has exceeded 9,000.
Kendallville printing operation to close, costing 307 jobs
LSC Communications US LLC cited “continued deterioration of market conditions” for its decision to close one of its two Kendallville plants.