Sluggish wages, job growth expected to slow holiday shopping
Stores are also grappling with shoppers’ shift away from clothing and other traditional merchandise and more toward experiences like spas and concert tickets.
Unemployment
Articles
State unemployment rate shrinks to 4.7 percent
State employment grew to 3,043,800 in July, surpassing peak employment levels set in March 2000 by more than 2,000 jobs.
As Schellinger takes helm, IEDC boosts effort for higher-paying jobs
High-profile Democrat Jim Schellinger’s new job could help both parties achieve a key goal: increasing wages for all Hoosiers.
State unemployment rate drops to seven-year low
The state’s unemployment rate fell to 4.9 percent in June, sinking below 5 percent for the first time since February 2008, the Indiana Department of Workforce Development said Tuesday morning.
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.
Applications for unemployment benefits drop near 15-year low
The trend indicates that employers are confident enough in future consumer demand to retain their staffs. The number of people receiving benefits fell 50,000 to 2.22 million.
State’s unemployment rate falls to seven-year low
The state’s unemployment rate fell from 5.8 percent in March to 5.4 percent in April, the Indiana Department of Workforce Development announced Wednesday.
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.
Indiana sees rise in jobs, drop in unemployment rate
The state added 1,700 private-sector jobs in February and its unemployment rate ticked down to 5.9 percent, the Indiana Department of Workforce Development said Friday morning.
State adds 8,600 jobs; unemployment rate rises
Indiana added 8,600 private-sector jobs in January, but the state’s unemployment rate ticked up to 6 percent because of a “substantial” increase in the labor force, the Indiana Department of Workforce Development announced Tuesday.
U.S. adds 295K jobs; unemployment rate falls to 5.5 percent
The U.S. unemployment rate fell to 5.5 percent from 5.7 percent, the government said Friday. But the rate declined mainly because some people out of work stopped looking for jobs and were no longer counted as unemployed.
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.
State adds jobs, but unemployment rate ticks up
Indiana added 4,000 private-sector jobs in December, but the unemployment rate ticked up as a flood of Hoosiers began looking for work, the state’s Department of Workforce Development said Tuesday morning.
Applications for unemployment aid fall to 7-week low
The number of people seeking jobless benefits has been at historically low levels for 14 of the past 15 weeks. That indicates companies are retaining workers and expecting economic growth to continue.
Private hiring in state boomed by 15,800 jobs in November
In December, Indiana saw its biggest monthly increase in private sector jobs in 15 years, as the national economy boosted hiring across the country.
State unemployment rate dips despite net job loss
Indiana lost 1,900 private-sector jobs in September despite a big gain in manufacturing-sector employment, the state’s Department of Workforce Development said Tuesday morning.
U.S. jobless rate falls to 6-year low of 5.9 pct.
U.S. employers added 248,000 jobs in September, helping lower the unemployment rate to 5.9 percent, the lowest since July 2008. But nearly 100,000 stopped looking for work, lowering the percentage of Americans working or looking for work to the lowest level since February 1978.
State unemployment rate slips to 5.8 percent
Indiana lost 2,600 private-sector jobs in August despite more big gains in manufacturing-sector employment, the state’s Department of Workforce Development said Friday morning.
State adds jobs; unemployment rate remains at 5.9 percent
Indiana added 9,900 private-sector jobs in July, with more than half of them coming in the manufacturing sector, the state announced Monday morning.