jobs en Mixed News As Indiana Unemployment Rate Drops <p>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.</p><p><span style="line-height: 1.5;">The Indiana unemployment rate fell nearly half a percent in January, its largest one-month drop in 20 years.&nbsp; 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.&nbsp;</span></p> Mon, 17 Mar 2014 21:15:33 +0000 Brandon Smith 27837 at The Indiana Economic Development Corporation Secures Record Number Of Job Commitments <p>Governor Mike Pence announced Wednesday the Indiana Economic Development Corporation has&nbsp;<span style="line-height: 1.5;">secured job commitments with a record 261 companies this year. But Pence says there’s still more work to be done.</span></p><p></p><p>The job commitments made in 2013, worth more than $2 billion to Indiana’s economy, are&nbsp; 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.</p><p></p> Wed, 18 Dec 2013 21:47:25 +0000 Brandon Smith 24373 at The Indiana Economic Development Corporation Secures Record Number Of Job Commitments Young Adults Struggle To Find Jobs Post-Recession <p>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.</p><p></p><p> Mon, 15 Jul 2013 17:48:41 +0000 Brandon Smith 17628 at State Tries to Lure Jobs With New Campaign <p>The Indiana Economic Development Corporation is deploying a new marketing campaign aimed at reducing the state’s unemployment rate.</p><p><span style="line-height: 1.5;">Governor Mike Pence often said on the campaign trail he wanted to make Indiana the state that works.&nbsp; The Indiana Economic Development Corporation is borrowing that slogan for its new marketing campaign.&nbsp;</span></p><p>State Secretary of Commerce Victor Smith says the campaign will use a broad-based approach that incorporates its new website.</p> Mon, 24 Jun 2013 20:21:00 +0000 Brandon Smith 16693 at Pence Introduces New Performance Metrics <p>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.</p><p> Tue, 18 Jun 2013 17:48:48 +0000 Sean Bueter 16414 at Pence Introduces New Performance Metrics Pence Applauds State Prison-to-Work Program <p>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.</p><p><span style="line-height: 1.5;">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.&nbsp; The recidivism rate climbs to 60 percent if the person is unemployed.&nbsp;</span></p> Wed, 05 Jun 2013 17:45:13 +0000 Brandon Smith 15751 at Pence Applauds State Prison-to-Work Program Insurance company plans $15 million expansion <p></p><p></p><p>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.</p><p>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.</p><p>The company says the move could create up to 102 new jobs in the next four years.</p> Thu, 27 Dec 2012 16:01:27 +0000 Sean Bueter 8501 at Per capita income stabilizes in region <p></p><p>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.</p><p> Wed, 28 Nov 2012 14:56:15 +0000 Sean Bueter 7301 at Indiana's unemployment rate drops in October <p></p><p>Indiana’s private sector added 7,700 jobs last month and lowered its unemployment rate to 8%.</p><p>The unemployment rate fell 0.2% in October, the largest single month drop since April.&nbsp; It also marked a decrease for the second consecutive month after gaining or holding steady for six months.&nbsp;</p> Tue, 20 Nov 2012 18:28:02 +0000 Brandon Smith 7015 at Unemployment rate falls, despite job losses <p></p><p>Indiana’s private sector lost nearly 6,000 jobs in September, the first decline in nearly a year.&nbsp; Yet the state’s employment rate also fell for the first time since April.</p><p>Indiana’s unemployment rate had gone up or held steady for five months while, at the same time, the private sector created jobs.&nbsp;</p><p>Last month, that trend changed as the unemployment rate fell to 8.2%.&nbsp; University of Indianapolis economist Matt Will says while September’s jobs report isn’t positive, it also isn’t time to panic.&nbsp;</p> Sat, 20 Oct 2012 16:05:05 +0000 Brandon Smith 5699 at