U.S. unemployment claims drop in another sign of labor market resiliency
The claims are viewed as a proxy for layoffs and remain extraordinarily low by historical standards, signalling that most Americans enjoy unusual job security.
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Stellantis to offer buyout, early retirement packages to 6,400 nonunion salaried workers
The automaker, formed in the 2021 merger of Fiat Chrysler and PSA Peugeot of France, said it is taking the action “to protect our operations and the company.”
U.S. employers added surprisingly strong 336,000 jobs in September
The economy has now added an average of 266,000 jobs a month for the past three months, a streak that could make it likelier that the Federal Reserve will raise its key rate again before year’s end as it continues its drive to tame inflation.
U.S. firms cut fewer jobs in third quarter amid holiday ramp-up
The report adds to evidence that the U.S. labor market remains resilient even in the face of aggressive Federal Reserve interest-rate increases, though it also comes as various datasets increasingly send conflicting signals.
U.S. job openings rose in August, defying expectations
The U.S. labor market remains strong despite higher interest rates—perhaps too strong for the inflation fighters at the Federal Reserve.
U.S. employers added 187,000 jobs in August
Last month’s job growth marked an increase from July’s revised gain of 157,000, but still pointed to a moderating pace of hiring compared with the sizzling gains of last year and earlier this year.
Indy Job Corps expands presence, career opportunities
The center is now searching for more low-income young people to
take advantage of free training as office administrators, certified nursing assistants and, within the next year, manufacturing trades workers.
Closure of Indiana chicken facility to cost 368 workers their jobs
More details have emerged regarding the impact of Tyson Foods’ announcement this week that it is closing four chicken processing facilities, including one in Indiana.
U.S. employers added fewer-than-expected 187,000 jobs in July
Despite the influx of workers, average hourly wages rose 0.4% from June and 4.4% from a year earlier—numbers that were hotter than expected and are likely to worry the Federal Reserve.
Weekly applications for U.S. jobless aid tick up from 5-month low
While some industries—such as manufacturing, warehousing, and retail—have slowed their hiring in recent months, they aren’t yet cutting jobs in large numbers.
Job openings fall to lowest level in 2 years as demand for workers cools
The government’s report also showed that the number of people who quit their jobs in June fell sharply to 3.8 million, from 4.1 million, another sign the job market is slowing.
Envelope company closing Indy plant, eliminating 127 jobs
Cenveo Worldwide Limited said the plant at 6302 Churchman Bypass—just outside Interstate 465 on the city’s southeast side—will close on Sept. 8.
U.S. hiring slows, but still shows signs of economy’s resilience
The June hiring figure reported by the government Friday is the smallest in 2-1/2 years. But it still points to a durable labor market that has produced a historically high number of advertised openings.
Applications for jobless benefits in the U.S. retreat after three weeks of elevated claims
U.S. employers added a surprising 339,000 jobs last month, well above expectations, painting a mostly encouraging picture of the job market.
Still hiring: Big Tech layoffs give other employers an opening
Hotel chains, retailers, investment firms, railroad companies and even the IRS have signaled on recruiting platforms that they are hiring software engineers, data scientists and cybersecurity specialists.
Construction industry educates K-12 students about building trades in effort to close job gap
In more than a dozen school districts across Indiana, construction clubs have formed to interest elementary and middle school students in building-trade careers.
Employers added 339,000 jobs in May, strong growth that defied headwinds
The May jobs report reveals the 29th straight month of strong job growth that has come to define the pandemic recovery economy.
U.S. job openings rise unexpectedly to highest mark since January
The resilience of the American labor market continues to complicate the Federal Reserve’s efforts to fight inflation.
Indiana’s new flexible ‘scholarship accounts’ for career education divide opinion
The new law creates Career Scholarship Accounts to pay for internships and apprenticeships with local employers for students in grades 10-12.
U.S. adds a solid 253,000 jobs despite Fed’s rate hikes
April’s hiring gain compares with 165,000 in March and 248,000 in February and is still at a level considered vigorous by historical standards.