Business

Thursday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Thursday’s business headlines.

Jobs

In Indiana, there is one job opening for each unemployed person.

CareerCloud says the most job openings are in trade and transportation with average salaries of $47,000.

Connecticut’s unemployment has fallen by 4.5% since July of 2020.

Flooded cars

Car prices already sit a record highs, but hurricane season may make them ore expensive.

CNN Business reported that Hurricane Ida destroyed “hundreds of thousands” of cars, many brand new without a single owner. That’s critical inventory amid the new car supply crunch for automakers, now lost to mother nature.

Add on flooding from Hurricane Nicholas hitting Texas and it’s a recipe for even fewer new cars with too much demand.

Microsoft

Microsoft accounts can now go fully passwordless.

Starting Thursday, the software giant will let consumers sign into Microsoft accounts with its Microsoft authenticator app, Windows Hello, a security key or an SMS/email verification code instead of a password.

Jobless claims

New weekly jobless claims likely rose just slightly from a pandemic-era low last week.

Economists believe 323,000 people filed for unemployment benefits, up from 310,000 a week ago.

New jobless claims had come in at a rate of around 220,000 per week throughout 2019.

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