U.S. employers add 209K jobs; rate rises to 6.2 percent
July marked the sixth straight month of job growth above 200,000, evidence that businesses are shedding the caution that had marked the 5-year-old economic recovery.
Unemployment
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Unemployment applications drop to lowest level in 7 years
The numbers suggest a strengthening job market, especially since hiring is at its healthiest clip since the late 1990s, and the 6.1 percent unemployment rate is at a 5 1/2-year low.
Indiana unemployment rate holds steady
The state’s jobless rate held firm in May at 5.7 percent, following nine straight months of declines.
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.
Unemployment rate holds steady as U.S. regains lost jobs
Employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
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.
Indiana unemployment rate drops to 5.9 percent
The state’s unemployment rate continued to fall in March, dropping to less than 6 percent for the first time since July 2008.
Applications for unemployment aid hit 7-year low
The decrease suggests that employers expect stronger economic growth in the coming months and are holding onto their workers.
Indiana’s jobless rate experiences another big drop
The state added 5,400 private-sector jobs February while the number of officially unemployed Hoosiers fell to fewer than 200,000 for the first time since August 2008, the state said.
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.
Indiana unemployment rate drops to 6.4 percent
Figures released Monday by the state Department of Workforce Development show Indiana's jobless rate for January fell four-tenths of a percentage point from the month before.
U.S. job gains exceed predictions, but unemployment rate rises
Employers added more workers than projected in February, while unemployment rose to 6.7 percent from 6.6 percent as more people entered the labor force.
U.S. applications for jobless aid reach 3-month low
That average indicates that companies are cutting few jobs, but employment growth has been lackluster in recent months.
Hamilton County’s low jobless rate roils labor market
Hamilton County employers are having trouble filling lower-wage jobs. At 4.5 percent in December, Hamilton County’s jobless rate was the lowest in the metro area and one of the lowest in the state.
State unemployment rate shrinks to 6.9 percent
The improvement came despite a small decline in private-sector employment of 4,800 jobs during the month.
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.
Upswing causing slowdown in startups
The number of newly formed Indiana companies slumped in 2013, the first such dip since the recession, but the small drop could actually be a positive sign for the economy. Established companies have more job openings than a few years ago, meaning workers have less incentive to start their own businesses, as thousands did when the economy tumbled.
Weekly U.S. unemployment benefit claims drop
Applications are a proxy for layoffs. They appear to have stabilized near pre-recession levels after a period of volatility around the Thanksgiving and Christmas holidays.
Showdown set on unemployment bill in U.S. Senate
The new year looks a lot like the old one in the Senate, with Democrats scratching for votes to pass an agenda they share with President Barack Obama, and Republicans decidedly unenthusiastic about supporting more spending.
Weekly U.S. unemployment benefit claims dip slightly
The Labor Department said Thursday that the less volatile four-week average rose 8,500, to 357,250. The average was driven up in recent weeks by spikes that reflected seasonal volatility around the Thanksgiving and Christmas holidays.