Articles

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.

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Improving jobs numbers mask painful recovery

The U.S. economy has finally regained the jobs lost to the Great Recession, but a smaller percentage of Americans are actually working and median household income has declined considerably since before the recession.

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U.S. gains 288,000 jobs as rate falls to 6.3 percent

U.S. employers added a robust 288,000 jobs in April, the most in two years. The unemployment rate sank to 6.3 percent, its lowest level since September 2008. But the drop occurred because the number of people working or seeking work fell sharply.

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Good news, bad news in state employment report

The Hoosier state added 4,600 jobs in the manufacturing sector in January, the most in the country. But Indiana also lost 7,100 private sector jobs, leaving the state at a net loss of 2,500 jobs for the month.

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State revamps its revenue forecasting after big miss

Growing ranks of dropout workers have nagged the economy throughout its recovery, and now Indiana’s budget forecasters feel they can’t ignore the trend. They recently revised their outlook on state revenue downward, partly because so many Hoosiers stopped looking for jobs.

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