Ball State University economist Michael Hicks said the latest federal jobs report showing an increase of 1.4 million jobs during August indicates the economic recovery is slowing.
Initiatives by government, private businesses and a host of organizations to slow the spread of the coronavirus is expected to create a recession as mass layoffs cause unemployment to exceed 10.5% nationally and 10% in Indiana within 45 days, according to a report from Ball State University.
The Indiana Department of Workforce Development said in its review of state unemployment data for the past year said Indiana employment peaked in June with 2,750,700 Hoosiers working in the private sector.
Jobless rates in some parts of Indiana rose in November when compared to the same month a year ago and fell in others.
Indiana’s maintains 3.6 percent jobless rate for third straight month.
Unemployment rates across metro areas in Northwest and North Central Indiana fell in April.
Indiana’s jobless rate for March was 3.6 percent, which is below the national rate of 3.8 percent, but 0.1 percent above February’s state rate of 3.5 percent.
Rising unemployment rates across Indiana’s metropolitan areas in January are typical right after the holiday season, according to a Purdue University Northwest economist. January jobless rates for the Gary area, Elkhart-Goshen area, Michigan City-La Porte area and South Bend-Mishawaka all increased for the month when compared to January 2018, according to data released by the […]
Indiana’s latest unemployment rate is continuing a five-year plus streak of running at or below the national rate. The latest data released by the Indiana Department of Workforce Development had the state’s January jobless rate at 3.5 percent, which was below the national jobless rate of 4 percent. The state said Indiana’s jobless rate has […]
Indiana’s unemployment rate for November was 3.6 percent, according to the state’s department of workforce development. Indiana’s jobless rate has held at 3.5 percent since August. The state’s jobless rate was still below the national unemployment rate in November which was 3.7 percent. Indiana’s unemployment rate now has been below the U.S. rate for more […]