Unemployment

Indiana unemployment rate holds steady

June 20, 2014
 IBJ Staff
The state's jobless rate held firm in May at 5.7 percent, following nine straight months of declines.
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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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Unemployment rate holds steady as U.S. regains lost jobs

June 6, 2014
Associated Press
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.
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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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Indiana unemployment rate drops to 5.9 percent

April 18, 2014
 The Statehouse File
The state’s unemployment rate continued to fall in March, dropping to less than 6 percent for the first time since July 2008.
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Applications for unemployment aid hit 7-year low

April 10, 2014
Associated Press
The decrease suggests that employers expect stronger economic growth in the coming months and are holding onto their workers.
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Indiana's jobless rate experiences another big drop

March 28, 2014
 IBJ Staff
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.
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Good news, bad news in state employment report

March 17, 2014
John Sittler, The Statehouse File
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.
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Indiana unemployment rate drops to 6.4 percent

March 17, 2014
Associated Press
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.
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U.S. job gains exceed predictions, but unemployment rate rises

March 7, 2014
Bloomberg News
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.
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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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Hamilton County's low jobless rate roils labor market

March 1, 2014
Kathleen McLaughlin
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.
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State unemployment rate shrinks to 6.9 percent

January 28, 2014
 IBJ Staff
The improvement came despite a small decline in private-sector employment of 4,800 jobs during the month.
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State revamps its revenue forecasting after big miss

January 18, 2014
Kathleen McLaughlin
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.
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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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Weekly U.S. unemployment benefit claims drop

January 9, 2014
Associated Press
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.
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Showdown set on unemployment bill in U.S. Senate

January 7, 2014
Associated Press
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.
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Weekly U.S. unemployment benefit claims dip slightly

January 2, 2014
Associated Press
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.
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State outpaces nation in job creation; unemployment falls

December 20, 2013
 IBJ Staff
Job numbers increased faster in Indiana in November than in any other state, the government reported Friday morning. The unemployment rate also dropped 0.2 points, to 7.3 percent.
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U.S. employers add only 148K jobs; rate falls to 7.2 percent

October 22, 2013
Associated Press
The unemployment rate fell to nearly a five-year low in September, the Labor Department said Tuesday. Still, the percentage of Americans working or looking for work remained at a 35-year low.
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State loses jobs; unemployment rate declines to 8.1 percent

September 20, 2013
 IBJ Staff
The state saw sizable job increases in manufacturing, health services and educational sectors, but that was offset by decreases in trade, transportation, utilities and construction.
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State takes aim at reducing jobless overpayments

September 16, 2013
Kathleen McLaughlin
Indiana will soon require beneficiaries to appear in-person at WorkOne centers. The state hopes the counseling that people receive will reduce their job-search time by two weeks and, because they’ll have to show identification, take a big bite out of fraud.
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U.S. jobless rate dips despite disappointing hiring

September 6, 2013
Associated Press
The rate fell because more Americans stopped looking for work and were no longer counted as unemployed. The proportion of Americans working or looking for work fell to its lowest level in 35 years.
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U.S. unemployment claims continue to slide

September 5, 2013
Associated Press
Fewer Americans are seeking unemployment benefits, but about 80 percent of the jobs created this year have been lower-paying, part-time positions.
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State adds jobs; unemployment rate stays at 8.4 percent

August 19, 2013
 IBJ Staff
Significant job growth came in the trade, transportation and utilities sector, which added 10,800 jobs. It was the biggest one-month rise in the sector since 1990. However, construction jobs fell by 3,400 and manufacturing dropped by 2,000.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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