Good morning, this is Indianapolis Local Pulse for Sunday, December 29, 2024.
We're starting off with a look at the weather, which is expected to be quite wet today. A significant rain system is moving through the state, with most of Indiana seeing at least an inch of rain by tonight. Some areas west of Indianapolis could pick up to 2.5 inches, so make sure to grab that umbrella before heading out. The heaviest rain is expected between 4 a.m. and 11 a.m., with lighter rain and some scattered downpours in the afternoon. Northwest winds will start to take over later today, bringing gusts up to 30 MPH and dropping temperatures quickly.
In local news, we're looking at a strong job market. According to recent reports, hiring is expected to increase in the first half of 2024, with nearly 60% of companies planning to add new full-time jobs. The Bureau of Labor Statistics also reports that total nonfarm payroll employment increased by 199,000 in November, with the unemployment rate edging down to 3.7%. Here in Indiana, the unemployment rate stands at 3.6%, with the labor force participation rate at 63.2%, above the national rate.
Moving on to real estate, there haven't been any major announcements in the past few days, but we're seeing a steady market with new development projects and construction updates around the city. Weekly median home prices and inventory levels remain stable, with no significant zoning changes or property developments to report.
From city hall, there haven't been any major decisions affecting daily life in the past few days, but we're always keeping an eye on local government news to bring you the latest updates.
In new business activity, we're seeing a variety of new openings and changes around the city. Local bars and restaurants are embracing the winter season with igloo pop-ups, offering a unique dining experience. New restaurants are also popping up, adding to the diverse dining scene in Indy.
Looking ahead to community events, there are several activities planned for the next few days. Check out local listings for more information on what's happening around the city.
In local school achievements, we're proud to see our schools excelling in various areas. While there aren't any specific achievements to highlight today, we're always celebrating the success of our local students and educators.
On a feel-good note, we're seeing a lot of community spirit with the holiday season in full swing. From festive decorations to charitable events, Indy is coming together to make this a special time of year.
Finally, in today's crime report, there haven't been any significant incidents or arrests in the past 24 hours. We're always committed to bringing you accurate and timely information on public safety.
This has been Indianapolis Local Pulse. We'll see you tomorrow with more local updates.