July Indiana Employment Report

first_imgINDIANAPOLIS (August 16, 2019) – Indiana’s unemployment rate drops to 3.4 percent for July and remains lower than the national rate of 3.7 percent. The last time Indiana’s unemployment rate was at 3.4 percent was April 2018. 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 decrease of 6,608 over the previous month. This was a result of a decrease of 1,274 unemployed residents and a decrease of 5,334 employed residents. Indiana’s total labor force, which includes both Hoosiers employed and those seeking employment, stands at 3.38 million, and the state’s 64.6 percent labor force participation rate remains above the national rate of 63.0 percent.Learn more about how unemployment rates are calculated here: http://www.hoosierdata.in.gov/infographics/employment-status.asp.July 2019 Employment ChartsEmployment by SectorPrivate sector employment has grown by 27,300 over the year and has decreased by 1,300 over the previous month. The monthly decrease is primarily due to losses in the Leisure and Hospitality (-1,500) and the Trade, Transportation and Utilities (-700) sectors. Losses were partially offset by gains in the Private Educational and Health Services (1,500) and the Financial Activities (300) sectors.Midwest Unemployment RatesJuly 2019 Midwest Unemployment Rates EDITOR’S NOTES:Data are sourced from July Current Employment Statistics, Local Area Unemployment Statistics – U.S. Bureau of Labor StatisticsJuly employment data for Indiana Counties, Cities and MSAs will be available Monday, August 19, 2019, at noon (Eastern) pending U.S. Bureau of Labor Statistics validation.FacebookTwitterCopy LinkEmailSharelast_img read more

Reinvent the member experience with self-service tech

first_imgWhen it comes to self-service, your members today expect a speedy, seamless experience at every digital touchpoint. While the personnel you hire remain the warm, friendly face of your credit union branch, your self-service channels also provide a rich member experience that engages and empowers them, and frequently sits squarely in their comfort zone.“The world is quickly migrating to a self-directed and self-service means of doing business,” said Sarah Bang, Chief Strategy Officer for CO-OP Shared Branching. “Kiosks today can help you set up your home computer system from miles away, or purchase luxury items 24/7 from high-tech vending machines. And there are apps for ordering food, scheduling appointments and downloading movies. These platforms all offer unbeatable service in two very important ways – they are convenient and they are consistent.”According to Bang, convenience represents just one of many reasons your members so often choose self-service. Consistency is one of the many reasons credit unions offer them.“Consumers frequently prefer self-service, as long as it is intuitive,” she said. “They don’t want to have to read instructions every time they step up to a machine or launch a mobile app.” continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more