It’s not a bad time to be a recent college graduate looking for a job in Indiana – if you’re in the right field.
A new study from Georgetown University analyzed data from online job ads. It finds employers advertise more than 60 percent of openings online, and up to 90 percent of those require at least a bachelor’s degree. The findings do not reflect market competitiveness, or the pool of actual job seekers.
Overall, Indiana ranked 37th for online college labor markets, with about 25,000 jobs posted.
Nearly half of all military veterans returning to the workforce leave their jobs in the first year. But one organization, the National Organization on Disability, is helping employers focus on retaining, not just recruiting, veterans to the workforce.
The unemployment rate among post-9/11 veterans in Indiana is more than double the state average. Nationally, the turnover rate for veterans returning to the workforce is about 50 percent in the first year, and about 75 percent within two years.
Indiana’s private sector added nearly 10,000 jobs last month. Yet for the fourth consecutive month, the unemployment rate failed to drop. Still, Governor Mike Pence says July’s employment numbers tell him Indiana’s economy is “all systems go.”
The Hoosier private sector has added jobs for ten consecutive months, surging again in July with 9,900 jobs created. That boost was led by the manufacturing sector, which added more than 5,000 jobs, the most in the country last month.
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.
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.
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.
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.
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.