jobs

The Hoosier unemployment rate rose 0.1 percent in October to 3.9 percent, its highest level since March.

And while the increase wasn’t as large as it’s been the last couple of months, it’s the first time in six years the number has gone up four months in a row. And the increase over that span – nearly 1 percent – is the largest four-month spike since 2009, at the height of the recession.

Grow With Google Training Launches In Indianapolis

Nov 10, 2017

Google’s Grow With Google initiative – a nationwide technology training tour – kicked off in Indianapolis Friday. The two-day conference is the beginning of a relationship between the tech giant and Indiana.

Nearly 2,000 Hoosiers registered for digital workshops and training with Google.

The initiative’s Community Engagement head Erica Swanson says Indianapolis is fifth in the country for growth in technology jobs.

At Indianapolis-based pharmaceutical giant Eli Lilly, 2,300 employees will take buyouts as part of the company’s effort to save money by cutting at least 2,000 jobs in the U.S. by the end of the year.

It’s unclear whether layoffs are still in the works in the Hoosier state.

Lilly said in September it would aim to save $500 million by cutting 3,500 jobs out of its more than 41,000 worldwide, with at least 2,000 cut in the U.S.

Indiana’s unemployment rate increased to 3.8 percent in September, its highest level in six months. And the rise in the unemployment rate over the last two months is the biggest jump since the recession.

The unemployment rate jumped 0.3 percent last month, up from 3.5 percent. That’s after a 0.4 percent increase in August. The state hasn’t seen a two-month increase that big since April of 2009.

Indiana’s unemployment rate last month took its largest single-month jump in more than eight years.

Four months ago, Indiana’s unemployment rate had its biggest one-month improvement in more than 20 years. That trend is now going the other direction in August, as the state suffered its largest single-month increase in the unemployment rate since March of 2009.

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