Competition for workers in central Indiana leads to incentives

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INDIANAPOLIS (AP) — The competition for workers in the central Indiana job market has grown so intense that one retailer is offering hiring bonuses.

Pittsburgh-based grocer Giant Eagle is offering $400 bonuses if the 500 workers it’s hiring for its new Carmel store stay on the job for 90 days.

Giant Eagle regional vice president Mike Maraldo tells The Indianapolis Star (http://indy.st/1CSVj1I ) there’s a lot of competition right now among retailers in the Indianapolis area.

In March, total employment in the Indianapolis metropolitan area topped 1 million for the first time. It has climbed by 25,000 jobs since then, even as the jobless rate fell to 4.5 percent in May from 5.7 percent a year earlier. A rate under 5 percent is considered full employment.

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