The proposed 17% increase would bring the premiums paid by companies to a level recommended by the federal government, which is meant to prepare the unemployment fund for the next recession.
There are now 1.2 million more open jobs than there are unemployed Americans, a dynamic that suggests businesses will have to keep raising pay to attract and retain the workers they need.
Develop Indy, the economic development arm of Indy Chamber, is connecting businesses with PACE, a not-for-profit that helps people coming out of the criminal justice system re-enter the community.
Indiana’s labor-force participation rate rose from 65.2% to 65.3% in March, remaining ahead of the national rate of 63.2%.
The former CEO of Angie’s List is using big data and machine learning to try to solve an emerging problem in Indiana—a stagnate and soon-to-be shrinking workforce.
The company’s goal is to find talented people who live out of state but have a connection to Indiana—then lure them here to live and work.
Private sector employment in Indiana grew by 4,400 in February over the previous month and is up more than 40,400 over the last year, the state said Friday.
The company said in a statement the closure would help it “reduce complexity, improve efficiency and enhance customer service.”
KGP Telecommunications LLC says a major customer recently reduced its business with the firm, necessitating the layoffs at two Warsaw facilities.
Private sector employment in Indiana grew by 12,200 in December with significant gains in education and health services, construction and hospitality.
The national unemployment rate for November was 3.7 percent. With the exception of one month when it was equal, Indiana’s unemployment rate has been below the U.S. rate for more than five years.
The animal-welfare group said Thursday that David Horth has been promoted from interim to permanent CEO. He follows a longtime local not-for-profit leader who was abruptly terminated in late July.
Gaylor Electric would spend $4.4 million to build a 49,000-square-foot prefabrication facility. It has requested tax incentives on the project that would save it more than $500,000.
The Memphis, Tennessee-based company did not say how many positions it wants to eliminate or from what locations. But its Indianapolis International Airport hub is part of the Express division that will be targeted for the buyouts.
Boone County has been deluged with announcements about new businesses with new jobs, but filling those jobs could be challenging in a fairly rural area with a rock-bottom unemployment rate.
White adults in Indianapolis on average outearn black adults whether both groups were born to poor, middle class or wealthy parents.
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—rose to 65.1 percent in September. It remains ahead of the national rate of 62.7 percent.
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
After earning a master’s degree in philosophy, Jack Hope took the next obvious step: cementing his part-time gig as a plumber into a full-time business. Hope Plumbing now expects to $6 million in annual revenue.
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.