Indiana unemployment rate closing in on pre-pandemic level
The state’s unemployment rate has been doggedly retracing its steps over the last year from its latest spike, falling from 16.9% in April to 4% in February.
Unemployment
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U.S. jobless claims rise to 770,000 with layoffs still high
Despite the weekly increase, the four-week average of claims, which smooths out weekly variations, dropped to 746,000, the lowest since late November.
U.S. jobless claims fall to 712,000 as pace of layoffs eases
Counting supplemental federal unemployment programs that were established to soften the economic damage from the virus, an estimated 20.1 million people are collecting some form of jobless aid.
U.S. jobless claims tick up to 745,000 as layoffs remain high
Counting supplemental federal unemployment programs that were established to soften the economic damage from the virus, an estimated 18 million people are collecting some form of jobless aid.
America’s jobless owe thousands of dollars in taxes on their unemployment
For tax purposes, weekly unemployment payments count as income just like wages from a job. But few people realize the money they get from the government is actually taxable.
Fraud overwhelms pandemic-related unemployment programs
In Indiana, Kentucky and Maryland, officials have said that for certain weeks in the new year, at least two-thirds of the claims they received were classified as suspicious due to problems verifying identities.
U.S. jobless claims fall to three-month low of 730K
Last week’s decline in applications was broad-based, with 36 states (including Indiana) and the District of Columbia reporting fewer people seeking unemployment benefits. That suggests that employers might be cutting fewer jobs.
U.S. jobless claims rise to 861,000 as layoffs stay high
The figures underscore that the job market has stalled, with employers having added a mere 49,000 jobs in January after cutting workers in December.
Committee fails to vote on work-share bill, despite business support
The Senate Pensions and Labor Committee on Wednesday discussed Senate Bill 44, which would authorize the Indiana Department of Workforce Development to implement a work-sharing program, but the chairman of the committee refused to vote on the bill.
U.S. unemployment claims tick down slightly
Thursday’s government report showed a sizable rise in the total number of Americans who are receiving jobless aid, including through extended benefit programs—a sign that long-term unemployment may be growing.
Workers who quit rather than risk COVID on job still hope to collect unemployment
More than 1.5 million people quit their jobs voluntarily because of the pandemic last year and filed for unemployment insurance, according to data from the Department of Labor, more than twice the amount over the same period in 2019.
Tax-form mailings help reveal extent of U.S. unemployment fraud
Simple tax forms being mailed to people who never collected unemployment benefits are revealing their identities were likely stolen months ago and used to claim bogus benefits that have totaled billions of dollars across the country.
U.S. unemployment claims drop to still-high 847,000
Overall, nearly 4.8 million Americans received traditional state unemployment benefits the week of Jan. 16. That is down from nearly 5 million the week before.
Indiana unemployment rate lowest among neighboring states
Indiana’s unemployment rate continued to improve in December, decreasing from 5.1% in November to 4.3% last month, according to numbers released Tuesday by the Indiana Department of Workforce Development.
U.S. unemployment claims decline to a still-high 900,000
Economists say one factor that likely increased jobless claims in the past two weeks is a government financial aid package that was signed into law in late December.
Once again, job losses fall unequally across U.S. economy
The latest layoffs have been heavily concentrated in the industries that have suffered most because they involve face-to-face contact: Restaurants, bars and hotels, theaters, sports arenas and concert halls.
U.S. sheds 140,000 jobs, first monthly loss since spring
Friday’s figures from the Labor Department suggest that employers have rehired roughly all the workers they can afford to after having laid off more than 22 million in the spring—the worst such loss on record.
U.S. unemployment claims slip to still-high 787,000
In Indiana, 15,515 people filed initial unemployment claims in the week ended Jan. 2, up from an adjusted number of 12,013 the previous week.
Claims for jobless benefits hit lowest level in four weeks
In Indiana, 12,732 people filed initial unemployment claims in the week ended Dec. 26, up from an adjusted number of 12,234 the previous week.
State waiting on federal guidance to process new unemployment enhancements
The coronavirus relief bill adds an additional $300 per week in federal unemployment benefits for individuals for another 11 weeks.