Hoosier unemployment apps skyrocket to 54,000 in one week
The numbers are skyrocketing as businesses close as part of efforts to stop the spread of the coronavirus.
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Holcomb signs coal, panhandling and teacher evaluation bills into law
The governor also signed legislation that will eventually put more money into the state’s unemployment trust fund, a move that comes as the coronavirus outbreak has led to a jump in unemployment claims.
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.
Coronavirus layoffs spark surge in states’ jobless claims
The growing number of people filing for unemployment checks raises fresh questions about whether states have stockpiled enough money since the last recession to tide over idled workers until the crisis ends.
Indiana unemployment dipped to 3.1% in January
In a snapshot of the state’s workforce from January, private employment grew in the transportation, hospitality, education and health sectors while declining in manufacturing.
Bill that freezes unemployment trust fund contribution rates headed to Holcomb
The contribution rates used to determine how much Indiana businesses pay into the state’s unemployment trust fund will be frozen for another five years under legislation passed by both the Indiana House and Senate.
U.S. adds 145,000 jobs; unemployment holds at 3.5%
A bright spot was the U-6, or underemployment rate, which fell to 6.7 percent, according to Bloomberg News. This level was lower than at any point since at least 1994.
U.S. gains whopping 266,000 jobs; unemployment rate hits 50-year low
In Friday’s hiring data, besides reporting the healthy November gain, the government revised up its estimate of job growth for September and October by a combined 41,000.
Indiana unemployment rate holds steady at 3.2%
The state saw job losses last month in the manufacturing sector, but the overall unemployment rate is still lower than in Indiana’s four neighboring states and across the U.S. as a whole.
U.S. posts better-than-expected October jobs numbers despite GM strike
U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed.
U.S. unemployment hits 50-year low as employers add 136K jobs
All told, the September jobs report is likely to keep the Federal Reserve on track to cut interest rates later this month for the third time this year to try to help sustain the expansion.
Indiana’s unemployment rate drops to 3.3 percent
Private sector employment in Indiana slipped by 2,100 in August over the previous month but is up more than 23,000 over the year, the state said.
July U.S. jobs report shows solid gains amid trade frictions
U.S. employers slowed their hiring in July, but added a still-healthy number of jobs. Average hourly earnings increased 3.2% from a year ago, up from annual gains of 3% in June.
State jobless rate ticks down as private-sector employment rises
Private sector employment in Indiana grew by 6,800 in June over the previous month and is up more than 37,000 over the year, the state said.
Holcomb administration pushes $1 billion tax hike for unemployment fund
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.
U.S. employers add just 75,000 jobs; unemployment rate stays 3.6%
The tepid job growth, along with rising pressures on the economy, makes it more likely that the Federal Reserve will cut rates in the coming months.
Indiana jobless rate remains steady at 3.6%
Private sector employment in Indiana fell by 3,600 in April over the previous month, but is up more than 36,700 over the last year, the state said.
U.S. adds 263K jobs as unemployment rate hits 49-year low
Friday's jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy's recovery from the Great Recession.
Indiana’s unemployment rate holds steady
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—stayed at 65.1 percent in January.
State unemployment rate holds steady at 3.5 percent
Private sector employment in Indiana grew by 3,500 in October over the previous month and is up more than 25,500 over the year, the state said.