U.S. jobless claims fall to lowest level in over 4 years
Unemployment benefit applications are a proxy for layoffs. When they consistently drop below 375,000, it suggests that hiring is strong enough to lower the unemployment rate.
Unemployment
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Hopes slipping among state business owners
A survey of Hoosier business owners shows an increasingly a ho-hum outlook, with only one in seven optimistic for their own company and even fewer encouraged about the U.S. economy.
Bernanke: Economy growing much too slowly to put people back to work
Federal Reserve Chairman Ben Bernanke told a local lunch crowd that he expects the economy to keep growing, but he said the growth is so slow that it could create a "permanent group" of underemployed Americans.
Unemployment aid applications hit 2-month low
The number of Americans seeking unemployment benefits plunged to its lowest level in nine weeks. Other economic figures released Thursday were mainly disappointing.
State’s unemployment rate rises to 8.3 percent
Indiana’s jobless rate rose to 8.3 percent in August from 8.2 percent in July despite the addition of 11,000 private-sector jobs, the state announced Friday morning. The state is questioning the calculation.
Weekly U.S. unemployment claims remain high
The Labor Department said Thursday that applications for unemployment benefits declined by 3,000 last week, to 382,000. The four-week average, a less volatile measure, rose for the fifth straight week, to 377,750, the highest level in nearly three months.
U.S. unemployment rate dips despite weak jobs report
The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. Hourly pay fell, manufacturers cut the most jobs in two years and the number of people in the work force dropped to its lowest level in 31 years.
U.S. unemployment applications flat for the week
The number of Americans seeking unemployment benefits was unchanged last week at a seasonally adjusted 374,000, suggesting little improvement in the job market.
State officials crack down on unemployment fraud
The Indiana Department of Workforce Development has caught more than 135 people falsely claiming benefits since 2006. Sixty-two of those have been convicted of felonies, including 14 this year.
U.S. jobless claims increase to highest level in a month
The number of Americans filing first-time applications for unemployment benefits climbed last week to a one-month high, showing little progress in the labor market.
State unemployment rate climbs to 8.2 percent
Indiana’s unemployment rate climbed to 8.2 percent in July, marking the second straight month the rate has increased.
U.S. unemployment rate ticks up despite rise in hiring
U.S. employers added 163,000 jobs in July, the Labor Department said Friday, a somewhat hopeful sign after three months of sluggish hiring. However, the unemployment rate rose to 8.3 percent, up from 8.2 percent in June.
State unemployment rate ticks up to 8 percent
The increase marks the first time Indiana’s unemployment rate has risen in nearly a year, the Department of Workforce Development said Friday. The rate remains below the national rate of 8.2 percent.
Fewer auto closings reduce U.S. unemployment claims
The number of people seeking U.S. unemployment benefits plunged last week. But a big reason was that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs of autoworkers.
U.S. unemployment rate rises on dismal jobs report
U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate rose to 8.2 percent, up from 8.1 percent in April, the first increase in 11 months.
Indiana unemployment rate shrinks to 7.9 percent
Indiana’s unemployment rate dropped to 7.9 percent in April, falling below 8 percent for the first time since November 2008. The rate has dropped for five straight months.
U.S. jobless claims hold steady for second straight week
The number of people seeking unemployment benefits was unchanged last week, suggesting some gains in the job market.
U.S. jobless rate slips despite dismal employment report
Employers added fewer workers than predicted in April, but the jobless rate unexpectedly fell as workers left the labor force. The participation rate, which indicates the share of working-age people in the labor force, fell to it lowest mark since 1981.
U.S. applications for unemployment aid drop
The number of people seeking unemployment benefits fell last week by the most in nearly a year. But the four-week average, a less volatile measure, ticked up.
Firm finds opportunity helping employers with hiring
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.