-
Indiana's unemployment rate reached its highest point in almost two years at three point four percent in August. The rate is a minor increase from the month prior, according to new federal estimates. It is a small but more significant bump compared to August 2022's unemployment rate.
-
Jobs numbers released Thursday show Michigan’s unemployment rate edged up ever so slightly in August to 3.7%.
-
2022 was a unique year for Indiana’s labor market. New federal estimates from the Bureau of Labor Statistics suggest a record-high number of Hoosiers were working – but not as many as employers may need. Experts say such employment numbers don’t say much about why 2022’s labor market looked the way it did or about what the future holds.
-
It appears for now employers are still posting more jobs than the state’s available job seekers can fill. Experts say one cause of that could be a lack of access to affordable child care in Indiana. A state Senate committee is considering funding a pilot program that would split costs between families, employers and the state to bring more parents back into the workforce.
-
The key economic tension to watch out for in 2023 will likely be the balance between employment levels and the cost of living, experts say.
-
More than 500 people are already scheduled to lose jobs to layoffs and site closures in the first half of next year as experts predict a recession. That can be a pretty scary outlook, but new preliminary labor market estimates tell a more complicated story.
-
Indiana’s unemployment rate increased slightly in August to 2.8 percent. The state’s unemployment rate is still near record lows for the last decade. It’s also below the national rate of 3.7 percent.
-
Jobs gains ran just slightly ahead of job losses in August, which is consistent with the recent month-to-month trend of modest-but-steady improvement toward the recovery of the millions of jobs lost during the pandemic.
-
There are mixed signals in the new Michigan employment numbers that were released Wednesday.
-
Indiana’s unemployment rate hit record lows for the third straight month in February at 2.3 percent as the state also recorded the highest number of people working in a private-sector job.