The jobs outlook in Indiana favors workers, but wage growth in many blue collar positions isn't moving fast enough to fight off rising costs due to inflation.
As gas, food and housing prices continue to take a larger than expected chunk from her purse this summer, Kendra Chavez, a 33-year-old single mother of five, is worried that she'll to have to get a second job to make ends meet.
Private sector employment increased by 2,900 jobs last month. The state is experiencing a peak in private employment, according to the DWD., an economist and professor at Indiana University. Many businesses have reduced their hours or are closed an extra day, Hicks said. Workers continue to leave businesses that haven't improved working conditions, provided more flexible options, offered better benefits or paid better, in what many are calling the Great Resignation. He believes that the retirement of Baby Boomers played a bigger role than was once thought in this societal phenomenon.
"The Inflation Reduction Act is a nice name, but it's not at all going to reduce inflation," Hicks said.as a way to combat the rising costs of inflation, but the bill makes inflation worse, Hicks said, by circulating more money.
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