Sluggish hiring closes out frustrating year for job seekers, but unemployment slips to 4.4%
Economists were encouraged by the lower unemployment rate, which had risen in the previous four straight reports.
Economists were encouraged by the lower unemployment rate, which had risen in the previous four straight reports.
The report suggests that the “low-hire, low-fire” job market remains in effect, with workers enjoying some job security but those out of work struggling to find new jobs.
The rise of artificial intelligence is not only affecting how people work—it’s also shaping the job market itself, especially for graduates in search of their first professional jobs.
Some 47% of U.S. adults are “not very” or “not at all confident” they could find a good job if they wanted to, an increase from 37% when the question was last asked in October 2023.
More than a quarter of the jobless have been out of work more than a half-year—the highest share since the mid-2010s excluding the pandemic-era years.
SMC is Noblesville’s largest private employer with about 1,200 employees and operates a 345-acre North American headquarters campus north of 146th Street and west of Howe Road.
Another report showed consumer confidence fell in September to a five-month low on concerns about a cooling labor market and the broader economy.
Though the overall growth was modest, clean-vehicle employment remains one of the stronger performing subsectors in Indiana.
A reduction in force would not only lay off employees but eliminate their positions, which would trigger yet another massive upheaval in a federal workforce that has already faced major rounds of cuts this year.
The Indiana Creative Economy Summit is scheduled for Oct. 13-14 at the Fishers Art Center. A music-themed partner event, the NIVA Live Policy Summit hosted by the National Independent Venue Association, is scheduled Oct. 15-16 at Fountain Square’s Hi-Fi venue.
The restructuring, which would eliminate 11% of the company’s workforce, aimed to reduce organizational complexity and speed up decision-making as the company faces a more competitive market for obesity drugs.
The Labor Department reported Wednesday that job openings fell from 7.4 million in June and came in modestly below what economists had forecast.
About 50 people have advanced through the Mosaic program to gain employment at the Indianapolis-based health system.
The exposure is also changing the game for trade schools and employers in such industries as manufacturing and construction, which have long struggled to attract workers.
Revisions to job reports are common, but Trump claimed the changes were “rigged” to make him look bad. The episode underscores questions about the independence and stability of the federal agencies tasked with reporting the nation’s most critical economic data.
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
The Destination 2032 initiative—powered by a $5.5 million grant from the Eli Lilly and Co. Foundation—will fund a STEM Scholars program and STEM Future Centers.
Losses are underestimated because many people don’t report their experiences of job scams to law enforcement or government trackers.
The first students in the Career Apprenticeship Pathway, or INCAP, will start in fall 2026 and split time between school and the workplace.
Education and labor experts note that making high school apprenticeships commonplace won’t be simple.