January jobs report filled with positive economic news
Employers raised pay, more people felt confident enough to look for work, and the unemployment rate dipped to 4.9 percent, its lowest level since 2008.
Wages
Articles
Michigan’s minimum wage rising to $8.50 an hour
Michigan workers making the minimum wage will see a 35-cents-an-hour raise starting Friday. Indiana’s minimum wage will remain $7.25 per hour.
Retailers, restaurants struggle to find staff in north ‘burbs
Advertisements for traditionally low-wage jobs in hospitality and retail decorate major thoroughfares in the northern suburbs, offering management positions and higher pay as incentives.
Angie’s List restructuring its 1,000-person sales force
The firm is aiming to boost revenue with the biggest reorganization of its sales force in its 20-year history. But some salespeople fear the changes will cut their compensation.
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.
U.S. paychecks grow at record-slow pace in 2nd quarter
U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans.
Obama overtime pay proposal raises concerns in Indiana
Owners of Indiana small businesses say a proposal by the Obama administration to give overtime pay to up to 5 million more people could force them to cut workers' hours or make changes to pay structures.
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.
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.
Consumer spending slips in December as car sales weaken
Personal income rose 0.3 percent in December, aided by the steady wave of hiring over the past year. But rather than spend those gains, consumers saved more of their disposable income.
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.
Consumers burst with confidence in December
Suddenly robust economic growth, low unemployment and shrinking gas prices have improved the outlook of Americans, a study shows.
Indy tech employers face vexing question on compensation
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Customer service firm plans to hire 1,000 workers
The new part-time and full-time jobs will pay in a range of $12 to $18 per hour, according to Boston-based Interactions Corp.
Feds’ new data adds shine to Hoosier incomes
In April, the U.S. Bureau of Economic Analysis began considering cost of living alongside the stew of income figures it has long collected, and the new, adjusted income numbers make both the metro area and the state look like better places to live.
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.
Growth in Hoosier wages lagging inflation
Pay raises were a pipe dream for many Hoosiers last year—as the median wage in Indiana inched up 0.8 percent, to $31,990, according to federal data released this month.
Cost-of-living chasm buoying tech firms
A growing number of tech workers are seeking refuge in Indianapolis from skyrocketing living expenses in other cities, including technology hubs on the coasts.
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.
Minimum wage bills pushed in at least 30 states
A pitch last week from Indiana Democrats was a nonstarter. But a Quinnipiac University poll this month found 71 percent of Americans in favor of raising the minimum wage—including more than half of Republicans polled.