Economic Recovery

Weekly U.S. unemployment claims jump by 21,000

August 14, 2014
Associated Press
The four-week average, a less volatile measure, rose 2,000, to 295,750. That continues to be close to averages that predate the beginning of the Great Recession in late 2007.
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U.S. employment openings hit 13-year-plus high

August 12, 2014
Associated Press
Job openings have increased 17.6 percent during the past 12 months, while hiring has risen 9.3 percent during the same period, suggesting a mismatch in the jobs market.
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U.S. employers add 209K jobs; rate rises to 6.2 percent

August 1, 2014
Associated Press
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.
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As U.S. job market strengthens, many don't feel it

July 31, 2014
Associated Press
The economic recovery is entering its sixth year, but a number of factors help explain why many Americans don't feel better off.
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Yellen says economy still needs Fed support

July 15, 2014
Associated Press
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
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U.S. employment rises more than expected

July 3, 2014
Bloomberg News
Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, Labor Department figures showed Thursday.
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U.S. consumer spending rises less than expected

June 26, 2014
Bloomberg News
Consumer purchases, which account for about 70 percent of the economy, climbed 0.2 percent in May after being little changed in April, Commerce Department figures showed Thursday. Analysts expected a rise of 0.4 percent.
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First quarter GDP numbers much worse than estimated

June 25, 2014
Bloomberg News
U.S. gross domestic product fell at a 2.9-percent annualized rate in the first quarter, the worst reading since the same three months in 2009, after a previously reported 1-percent drop, the Commerce Department said Wednesday.
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INDIANA 100: Manufacturing employment lags recovery of sectorRestricted Content

June 21, 2014
Sam Stall
Emphasis on efficiency, technology is softening job demand.
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Fed slows bond buying with fifth monthly reduction

June 18, 2014
The Federal Reserve will further slow the pace of its bond purchases because a strengthening U.S. job market needs less support.
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Pay raises going mainly to those in select industries

June 12, 2014
Associated Press
Five years after the Great Recession officially ended, raises remain sharply uneven across industries and, as a whole, have barely kept up with prices.
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Improving jobs numbers mask painful recovery

June 9, 2014
Associated Press analysis
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

May 2, 2014
Associated Press
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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U.S. jobless claims hit highest mark since February

May 1, 2014
Associated Press
The number of Americans applying for unemployment benefits rose last week to the highest level since February, a dose of mixed news for an economy that appears to be gaining momentum.
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U.S. economy slowed to near-standstill in first quarter

April 30, 2014
Associated Press
The economy's growth slowed to a barely discernible 0.1-percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That was the weakest pace since the end of 2012.
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Applications for U.S. jobless benefits rise slightly

April 3, 2014
Associated Press
Despite the increase, the number remains close to pre-recession levels and points to stable hiring.
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U.S. applications for jobless aid reach 3-month low

March 6, 2014
Associated Press
That average indicates that companies are cutting few jobs, but employment growth has been lackluster in recent months.
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U.S. hiring weak in January, but jobless rate dips

February 7, 2014
Associated Press
The Labor Department says employers added 113,000 jobs last month, less than the average monthly gain of 194,000 in 2013. This follows December's tepid increase of just 75,000.
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Fears of slowdown sharpen focus on U.S. jobs report

February 6, 2014
Associated Press
Investors are looking for evidence of healthy U.S. job growth, but anyone looking to Friday's monthly employment report for a clear picture of the economy's health might be disappointed.
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IMF raises outlook for global, U.S. economies

January 21, 2014
Associated Press
The International Monetary Fund is slightly more optimistic about the global and U.S. economies this year than it was three months ago.
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Upswing causing slowdown in startups

January 11, 2014
Dan Human
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.
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U.S. economy adds only 74K jobs, but rate falls to 6.7 percent

January 10, 2014
Associated Press
U.S. employers added a scant 74,000 jobs in December, the fewest in three years. The disappointing gain ends 2013 on a weak note and could raise questions about the economy's recent strength.
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U.S. unemployment rate declines to 7 percent

December 6, 2013
Associated Press
A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent, down from 7.3 percent in October.
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Americans reluctant to spend on holidays without big deals

November 25, 2013
Associated Press
Since the recession began in late 2007, stores have had to offer financially-strapped Americans ever bigger price cuts just to get them into stores. But those discounts eat away at profit.
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Indiana unemployment rate sinks to 7.5 percent as state adds jobs

November 22, 2013
 IBJ Staff
The state's jobless rate has been on a downward spiral in recent months, dropping from 8.4 percent in July to 8.1 percent in August, then falling to 7.8 percent in September.
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  5. There is a simple reason why WISH is not reporting on this story. LIN has others stations in different markets that are affiliated with CBS. Reporting about CBS blindsiding WISH/LIN due to CBS's greed and bullying tatics would risk any future negoations LIN will have with CBS in other markets.

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