economy

"Race for Results" / Annie E. Casey Foundation

A new study released Tuesday finds Indiana among the ten worst states for black children, highlighting the disparity in opportunity between African-American youth and their peers.

The policy report from the Annie E. Casey Foundation, titled "Race for Results," measures 12 factors in an effort to chart child progression nationwide. Those include everything from reading proficiency to graduation rates to the number of children living near or below the federal poverty level.

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. 

Brandon Smith / Indiana Public Broadcasting

Indiana’s new Regional Works Councils have a deadline fast approaching – but only one of the 11 councils has met.

Virginia Alvino / WBOI News

The New Tech Network works with schools throughout the country to design academic programs that focus on project-based learning and student empowerment. One of only a handful of New Tech middle schools opened in Fort Wayne this year. Towles Middle School is one of many New Techs in Northeast Indiana. The region has one of the highest concentrations of the program in the country.  

This classroom is larger than average, and each student has their own personal laptop to work on. Eighth-grader Malique Tai sits down to his in creative writing and media class.

Courtesy of Indiana University

An Indiana University economist says the Leading Index for Indiana – an economic predictor for the state – is sending mixed messages about the health of the Hoosier economy.

The Leading Index is at its highest point in four months, backed by positive reports from home builders and strong automotive sales.  But Indiana Business Research Center Economic Analysis Director Timothy Slaper says small business optimism is down and rising mortgage rates are dampening enthusiasm. 

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. 

With a month still to go this year, the Indiana Economic Development Corporation Wednesday announced 2012 will set a record for commitments from companies to locate or expand operations in the state.  But IEDC CEO Dan Hasler says he’d still like to see more of the commitments turn into actual jobs.

Per capita income stabilizes in region

Nov 28, 2012

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.

Indiana's unemployment rate drops in October

Nov 20, 2012

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. 

Fort Wayne outpaces nation in job growth

Oct 9, 2012

A new economic report shows Fort Wayne is among the few areas of the country to outpace the national job growth rate.

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