The nation's unemployment rate held steady at 5.1-percent in September. But two top Indiana economists aren’t pleased with that trend.
Ball State Economist Mike Hicks says the economy added only 142,000 jobs last month. He says that's definitive evidence the economy is slowing.
Hicks says employment is only slightly ahead of expected population growth and that 300,000 people left the labor force. In short, he says twice as many workers quit looking for work last month compared to those who found jobs.
Hicks says he’s concerned about the entire report.