September Indiana Employment Report

When it comes to work and income earning opportunities for all citizens, Indiana has always been way ahead of almost all other States. We may be one of the few places on earth with four full seasons (almost winter, winter, still winter, and road construction) but we are also one of the few places on earth where everyone who wants to work can work. Note “participation rate” is far more important than “unemployment rate” because the latter only includes those who have actively tried to get employed in the last four weeks, while the former is based upon all persons of working age who can work in some way.

This just in via eMail from Indiana Department of Workforce Development (DWD):

DWD News Release Banner

September Indiana Employment Report

INDIANAPOLIS (Oct. 19, 2018) – Indiana’s unemployment rate stands at 3.5 percent for September and remains lower than the national rate of 3.7 percent. With the exception of one month when it was equal (October 2014), Indiana’s unemployment rate now has been below the U.S. rate for nearly five years. The monthly unemployment rate is a U.S. Bureau of Labor Statistics (BLS) indicator that reflects the number of unemployed people seeking employment within the prior four weeks as a percentage of the labor force.

Indiana’s labor force had a net increase of 4,564 over the previous month. This was a result of a 337 decrease in unemployed residents and an increase of 4,901 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.39 million, and the state’s 65.1 percent labor force participation rate remains above the national rate of 62.7 percent.

In addition, the number of Indiana’s ongoing regular unemployment insurance claims is the lowest since 1976, when UI claims were first recorded.

Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.

September 2018 Employment Charts



FPU-Teen Group Meets Tuesday

US Student Loan Debt. This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code.

The number one reason people quit college is not grades: it is DEBT! Student loans and credit card debt destroy more people than bad grades.

You don’t have to be the next victim!

Financial Peace for Teens meets again tomorrow, Tuesday October 9, 2018. FPU-Teen is designed exactly for high school teens. Credit Card vendors handing out “free” t-shirts, college financial “aid” departments pushing student loans!

FRESH MEAT!

When a person leaves high school they are unprepared for the challenges they will encounter. If you want to learn how to be smart with money, instead of being the next victim, this is the place to be! Be there Tuesday at 7:00!

This free public workshop has been underwritten by a generous grant from the 3Rivers Federal Credit Union Foundation. 3Rivers is Here for you: here for good. If you’re ready to start a lifelong banking relationship with a local organization you can trust, then 3Rivers is for you.

 

What Teens Will Learn:

Lesson 1: The Basics of Money This lesson will introduce you to the topic of personal finance and give you an overview of the history of credit.

Lesson 2: Don’t Be Normal In this lesson, you will learn that you can change your money behavior by understanding your money personality and the language of money.

Lesson 3: Save That Cash Discover the Five Foundations that start with the importance of having money set aside for the emergencies that will happen in life.

Lesson 4: Watching Money Grow Learn about the mathematical explosion of compound interest that can help you become a millionaire—when it has time to work.

Lesson 5: Take Control of Your MoneyPersonal finance is all about you taking control of your money and telling it where to go and what to do—instead of wondering where it went.

Lesson 6: Working Toward ZeroIn this lesson, you will learn that a budget is the most powerful tool you have to manage your income and expenses while avoiding debt.

Lesson 7: The Truth About Debt It’s time to uncover the myths related to debt while discovering the truths that will keep you from becoming a slave to payments.

Lesson 8: There’s a Better Way Dave explains that the “normal” way to buy a car and a house will only keep you in debt but there is a better way to do both.

Lesson 9: The Power of Generosity Dave and Rachel talk about the importance of generosity as well as the difference between being an owner and a manager of resources.

Adults

There is also an FPU workshop for adults.

What could you do with all your money if you could actually keep most of your paycheck?
With Dave Ramsey’s Financial Peace University, you CAN take control of your money.

If you’re interested in taking control of your finances instead of giving away most of your hard earned money right now we have a free public workshop at Adult Life Training, Inc. on the beautiful campus of Abundant Life Church, 3301 E Coliseum Blvd, Fort Wayne, IN 46805.

There is a different money topic each week and the next class is Tuesday October 9, 2018 at 7:00PM. Register and if you do not already have them buy your class materials at https://fpu.com/1072930. Bring your workbook book to class as we will watch the video then do the examples in class. We dismiss by 9:00PM. There will be coffee. You may bring church-appropriate snacks to share.

Financial Peace University SCHEDULE

Super Saving Tue, Oct 2 7:00 PM
Relating With Money Tue, Oct 9 7:00 PM
Cash Flow Planning Tue, Oct 16 7:00 PM
Dumping Debt Tue, Oct 23 7:00 PM
Buyer Beware Tue, Oct 30 7:00 PM
The Role of Insurance Tue, Nov 6 7:00 PM
Retirement and College Planning Tue, Nov 13 7:00 PM
Real Estate and Mortgages Tue, Nov 19 7:00 PM
The Great Misunderstanding Tue, Nov 27 7:00 PM

Financial Peace for Teens SCHEDULE

The Basics of Money
This lesson will introduce you to the topic of personal finance and give you an overview of the history of credit.
Tue, Oct 2 7:00 PM
Don’t Be Normal
In this lesson, you will learn that you can change your money behavior by understanding your money personality and the language of money.
Tue, Oct 9 7:00 PM
Save That Cash
Discover the Five Foundations that start with the importance of having money set aside for the emergencies that will happen in life.
Tue, Oct 16 7:00 PM
Watching Money Grow
Learn about the mathematical explosion of compound interest that can help you become a millionaire—when it has time to work.
Tue, Oct 23 7:00 PM
Take Control of Your Money
Personal finance is all about you taking control of your money and telling it where to go and what to do—instead of wondering where it went.
Tue, Oct 30 7:00 PM
Working Toward Zero
In this lesson, you will learn that a budget is the most powerful tool you have to manage your income and expenses while avoiding debt.
Tue, Nov 6 7:00 PM
The Truth About Debt
It”s time to uncover the myths related to debt while discovering the truths that will keep you from becoming a slave to payments.
Tue, Nov 13 7:00 PM
There’s a Better Way
Dave explains that the “normal” way to buy a car and a house will only keep you in debt but there is a better way to do both.
Tue, Nov 19 7:00 PM
The Power of Generosity
Dave and Rachel talk about the importance of generosity as well as the difference between being an owner and a manager of resources.