U.S. manufacturing activity grew, but at slightly slower rate in June
June was the 13th consecutive month manufacturing has grown after contracting in April 2020, when coronavirus fears triggered business shutdowns across the country.
Employment
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Clusters of immigrants common at some workplaces
A 2014 study found that, on average, 37% of immigrants working in urban America had co-workers who were also immigrants.
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Pay cuts, layoffs hit white-collar workers, too
Experts say the wave of layoffs and pay cuts that first ravaged the service industry in mid-March are starting to erode management, upper-level and even executive jobs.
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Low-wage workers have least cushion during coronavirus crisis
Many of those workers already live paycheck to paycheck—and a disruption in the flow of those checks could set off long-term financial problems. Foreclosures, evictions, bankruptcies, repossessions and more.
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Indiana jobless rate remains steady at 3.6% in May
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—dipped from 65.3% in April to 65% in May.
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Articles
Retail workers quitting at record rates for higher-paying work
Retail workers, drained from the pandemic and empowered by a strengthening job market, are leaving jobs like never before.
Fired Cathedral teacher appeals dismissal of his lawsuit against archdiocese
Joshua Payne-Elliott, a foreign language and social studies teacher, sued the archdiocese after his contract with Cathedral High School was terminated in June 2019 for being in a same-sex marriage.
Changed by pandemic, many workers won’t return to old jobs
Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, have given many Americans the time and the financial cushion to rethink their careers.
IBJ Podcast: Restaurants are getting busy again—but don’t have the staff to keep up
Host Mason King talks with two restauranteurs—Loughmiller’s Pub & Eatery co-owner Danny Scotten and Upland Brewing Co. President David Bower—about how the labor crunch is affecting their eateries and what they’re doing to try to find workers.
Marketing tech firm ActiveCampaign lands $240M in investment capital
Chicago-based ActiveCampaign hasn’t realized the type of employment growth it projected in Indianapolis when it opened its local office two years ago. Company officials, however, emphasized this week that they still have big plans for the Indy office.
U.S. jobless claims fall to pandemic-low 547,000
Weekly jobless claims are down sharply from a peak of 900,000 in early January, the Labor Department said Thursday.
Indiana unemployment rate drops below 4% for first time since pandemic
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 2020 to 3.9% last month.
Jobvite moves HQ from California to Indianapolis, plans to add 200 employees
The recruiting technology company, which entered the local market with a single-employee office in 2014, began growing its Indianapolis operations after acquiring Canvas Talent Inc. in early 2019.
U.S. adds strong 379,000 jobs in hopeful sign for economy
The pickup in hiring lowered the unemployment rate from 6.3% to 6.2%, the Labor Department said Friday in its monthly jobs report. That is down dramatically from the 14.8% jobless rate of April of last year, just after the virus erupted in the United States.
U.S. job growth likely rose in February in rebound from slump
Economists have forecast that job growth reached 175,000 last month, according to data provider FactSet. That would mark a sharp improvement over an average of just 29,000 jobs a month from November through January.
State jobless rate continues to improve, hitting 5% in October
Indiana’s unemployment rate has been doggedly retracing its steps in recent months from 16.9% in April, when the pandemic paralyzed sections of the economy.
Employ Indy, Ascend Indiana launch paid high school apprenticeship program
The apprenticeship will enable high school students to attain soft skills, technical skills and relevant work experience in growing, high-demand industries.
Indiana unemployment rate inches lower, ending string of big strides
The pace of Indiana’s steadily improving unemployment rate slowed considerably in September. Meanwhile, the state’s labor force participation rate and private employment numbers dropped.
Indiana unemployment rate recovers to single digits
The unemployment rate in Indiana rebounded dramatically in July, although the positive economic indicator was undermined by a drop in the state’s labor force.
Trump orders limits on foreign workers, extends immigration restrictions
The freeze announced Monday will apply to the H1-B visa category for highly skilled workers, the H4 visa for their spouses and the L visas companies use to transfer international employees into the United States.
Indy tech sector is growing in size, but not in U.S. job market share
A recent report concluded that 90% of the nation’s tech and innovation sector employment growth from 2005 to 2017 was generated in just five major coastal cities: Seattle, Boston, San Francisco, San Diego and San Jose, California.
Upcoming U.S. jobs data will provide gauge for virus economic damage
A range of job market barometers will provide some of the most vital signals about the economy in the coming weeks and months.
U.S. economy added 225,000 jobs in January as more people entered market
But revisions to reported job growth in 2018 and 2019 show that the government overcounted by about half a million jobs.
U.S. jobs report should offer clues to state of economy
With signs of a weakening economy spreading and financial markets gyrating, Friday’s monthly jobs report will be watched for any evidence that the turmoil might be threatening the critically important U.S. job market.