jobs

News
5:15 pm
Mon March 17, 2014

Mixed News As Indiana Unemployment Rate Drops

Indiana’s unemployment rate dropped to its lowest level in five and a half years, now lower than the national rate, even as the state’s private sector lost jobs in January.

The Indiana unemployment rate fell nearly half a percent in January, its largest one-month drop in 20 years.  Its rate of 6.4 percent is the lowest since September 2008 and the first time the state’s rate has been below the national average in nearly two years. 

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News
4:47 pm
Wed December 18, 2013

The Indiana Economic Development Corporation Secures Record Number Of Job Commitments

Governor Mike Pence
Credit Brandon Smith

Governor Mike Pence announced Wednesday the Indiana Economic Development Corporation has secured job commitments with a record 261 companies this year. But Pence says there’s still more work to be done.

The job commitments made in 2013, worth more than $2 billion to Indiana’s economy, are  expected to create more than 21,000 jobs in the state over the next several years. The expected jobs will pay a higher wage, nearly 22 dollars an hour, than the state average, which is 20 dollars an hour.

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News
1:48 pm
Mon July 15, 2013

Young Adults Struggle To Find Jobs Post-Recession

The unemployment rate among young adults in Indiana is significantly higher than the state average and a Ball State economist says Hoosiers in that age group are still struggling to recover from the recession.

Listen to Brandon Smith's story about the high unemployment rate among Indiana's young adults.

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Politics & Government
4:21 pm
Mon June 24, 2013

State Tries to Lure Jobs With New Campaign

The Indiana Economic Development Corporation is deploying a new marketing campaign aimed at reducing the state’s unemployment rate.

Governor Mike Pence often said on the campaign trail he wanted to make Indiana the state that works.  The Indiana Economic Development Corporation is borrowing that slogan for its new marketing campaign. 

State Secretary of Commerce Victor Smith says the campaign will use a broad-based approach that incorporates its new website.

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Politics & Government
1:48 pm
Tue June 18, 2013

Pence Introduces New Performance Metrics

Governor Mike Pence announced Monday that, for the first time, Indiana will tie two percent of state agencies’ budgets to a series of performance metrics.

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Politics & Government
1:45 pm
Wed June 5, 2013

Pence Applauds State Prison-to-Work Program

Indiana Gov. Mike Pence.
Credit Brandon Smith / Indiana Public Broadcasting

Governor Mike Pence is encouraging more companies to take part in HIRE, a state program that helps former convicts reenter the workforce. Pence says the program generated $8 million last year for the state.

Of the more than 20,000 people released from Indiana prisons each year, the Department of Corrections reports 36 percent return to prison within three years.  The recidivism rate climbs to 60 percent if the person is unemployed. 

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Money
11:01 am
Thu December 27, 2012

Insurance company plans $15 million expansion

A company that provides insurance to churches and other ministries has announced it will expand its headquarters on its 30-acre campus in Fort Wayne.

Brotherhood Mutual Insurance Company will invest $15 million to build a 55,000 square foot facility, which it expects to be operational by early 2014.

The company says the move could create up to 102 new jobs in the next four years.

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Money
9:56 am
Wed November 28, 2012

Per capita income stabilizes in region

Since the mid-1990s, per capita income (as a percentage of national per capita income) has been steadily dropping for residents of Northeastern Indiana. But new data released this week shows the downward trend may have finally turned the corner.

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Money
1:28 pm
Tue November 20, 2012

Indiana's unemployment rate drops in October

Indiana’s private sector added 7,700 jobs last month and lowered its unemployment rate to 8%.

The unemployment rate fell 0.2% in October, the largest single month drop since April.  It also marked a decrease for the second consecutive month after gaining or holding steady for six months. 

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Money
12:05 pm
Sat October 20, 2012

Unemployment rate falls, despite job losses

Indiana’s private sector lost nearly 6,000 jobs in September, the first decline in nearly a year.  Yet the state’s employment rate also fell for the first time since April.

Indiana’s unemployment rate had gone up or held steady for five months while, at the same time, the private sector created jobs. 

Last month, that trend changed as the unemployment rate fell to 8.2%.  University of Indianapolis economist Matt Will says while September’s jobs report isn’t positive, it also isn’t time to panic. 

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