Money

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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Money
3:55 pm
Tue October 9, 2012

Fort Wayne outpaces nation in job growth

John Stafford, director of the Community Research Institute at IPFW.

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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Money
1:11 pm
Fri August 17, 2012

Kroger closes N. Anthony Scott's; announces new investments

Officials from the Kroger grocery chain announced today the company will not reopen its North Anthony location in Fort Wayne, which was shut down due to major structural issues.

Earlier this year, several public officials lobbied to keep the store open, but the company ultimately deemed the problems beyond repair. The pharmacy adjacent to the North Anthony Scott's will also close.

In a statement, Kroger Central Division President Bob Moeder said employees at the North Anthony store were told Friday morning they could transfer to other locations.

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Money
12:32 pm
Fri August 17, 2012

Hoosier jobless rate rises in July

The Bureau of Labor Statistics says Indiana’s unemployment rate increased for the second straight month in July even though the state’s private sector added jobs for the ninth consecutive month. But state officials say those numbers don’t add up.

Thirty-three hundred private sector jobs were created last month and government hiring surged, leading to an increase in total non-farm employment of more than ten thousand jobs.  But Indiana’s unemployment rate increased to 8.2%. 

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