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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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.
Read MoreIndiana’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.
Read MoreThe 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.
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.
A range of job market barometers will provide some of the most vital signals about the economy in the coming weeks and months.
But revisions to reported job growth in 2018 and 2019 show that the government overcounted by about half a million jobs.
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.
Retailers will likely have a tough time attracting holiday help again this year. Unemployment is near a 50-year low, and people can be pickier about where they work.
Two key indicators—hiring for temporary-help positions and weekly working hours—have declined this year even as unemployment has remained near a half-century low.
At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.
In an era that has witnessed a steady loss of manufacturing jobs, wealth positions hold one major distinct advantage: Because these jobs require personal interaction, they are immune to the threat of automation and outsourcing.
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.
