Kmart’s announcement that it will close its store in Connersville in May will put 59 employees out of work. Fayette County,
where the city is located, already is strapped by steep job losses.
The number of newly laid-off workers seeking unemployment benefits fell sharply last week, a hopeful sign the job market may
be improving.
January’s report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the private sector as a whole added 63,000 positions.
The president’s unemployment strategy is twofold: create jobs, and force Republicans to choose between helping Main Street
and Wall Street.
The fate of a bill that would delay unemployment tax increases on businesses remains unclear in the Democrat-controlled Indiana
House.
Indiana’s jobless rate made its biggest increase since mid-2009. Department of Workforce
Development Commissioner Teresa Voors attributed the rise, in part, to a decrease in construction in December.
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week.
For the year, retail sales fell 6.2 percent, the biggest decline on government records that go back to 1992.
The Labor Department said Friday that employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected. But
the nation’s unemployment rate held steady at 10 percent.
The decade ahead could be a brutal one for America’s unemployed—and for people with jobs hoping for pay raises.
The 131,000 jobs lost
in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations
of Carmel and Fishers.
Indiana’s unemployment rate ticked downward in November, falling to 9.6 percent, the Indiana Department of Workforce Development
said Friday morning.
One of the most important effects of the recession â??lower employment â?? is likely to be stubbornly persistent.
The Labor Department said the economy shed only 11,000 jobs last month, a vast improvement from October’s revised total of
111,000.
The economy is getting closer to generating jobs for the first time in two years, but it probably won’t be enough to stop
the unemployment rate from rising well into 2010.
The U. S. Commerce Department said productivity rose at an annual rate of 8.1 percent in the third quarter, the biggest jump
since 2003.
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
Indiana’s unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months,
the Indiana Department of Workforce Development said Friday morning.
Unemployment is hitting various demographic groups quite differently.
