Economic Recovery

U.S. unemployment aid applications show decline

May 23, 2013
Associated Press
Jobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more normal level, companies must gain more confidence in the economy.
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Unemployment rate hits 4-year low as economy adds 165K jobs

May 3, 2013
Associated Press
The only sectors of the economy that cut jobs last month were construction and government.
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Stocks head lower on tepid U.S. economic growth

April 26, 2013
Associated Press
Several companies, including Amazon.com, released weak earnings Friday and the government reported that the U.S. economy expanded at a slower rate in the first quarter than economists were expecting.
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U.S. companies post more jobs, but fill them slowly

April 9, 2013
Associated Press
Economists point to several likely reasons for the disparity between a surge in job openings but only a modest rise in hiring.
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Weekly unemployment-aid applications fall

March 7, 2013
Associated Press
The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years.
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U.S. unemployment rate remains at 7.8 percent

January 4, 2013
Associated Press
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
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Stocks plunge after election, and as Europe woes deepen

November 7, 2012
Associated Press
The Dow Jones industrial average plummeted as much as 369 points, or 2.8 percent, in the first two hours of trading. It recovered steadily in the afternoon, but slid into the close and ended down 313, its biggest point drop since this time last year.
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IU economists predict more of the same in 2013

November 1, 2012
Scott Olson
The economy in 2013 is likely to mirror the slow-growing one of this year, economists from Indiana University’s Kelley School of Business predicted Thursday morning. And it could be even worse.
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Indiana manufacturers see momentum vanishRestricted Content

October 27, 2012
Dan Human
The state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
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Indiana sheds jobs but unemployment rate falls

October 19, 2012
 IBJ Staff
Indiana’s unemployment rate fell to 8.2 percent in September, the first decline for the rate since April, despite a loss of 6,000 private-sector jobs.
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Strategist: Economy expected to 'muddle' through 2013

October 12, 2012
Scott Olson
EcoFore Watch video iconThe U.S. economy is expected to grow next year at a less-than-ideal rate, but that's not necessarily a bad thing considering the lingering uncertainty, said John Augustine, chief investment strategist of Fifth Third Bank.
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Hopes slipping among state business owners

October 5, 2012
J.K. Wall
A survey of Hoosier business owners shows an increasingly a ho-hum outlook, with only one in seven optimistic for their own company and even fewer encouraged about the U.S. economy.
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U.S. unemployment-aid applications rise again

October 4, 2012
Associated Press
The number of Americans seeking unemployment benefits rose to a seasonally adjusted 367,000 last week, a rise of 4,000 from the previous week. The four-week average, a less volatile measure, was unchanged at 375,000.
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Bernanke: Economy growing much too slowly to put people back to work

October 1, 2012
J.K. Wall
Federal Reserve Chairman Ben Bernanke told a local lunch crowd that he expects the economy to keep growing, but he said the growth is so slow that it could create a "permanent group" of underemployed Americans.
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Unemployment aid applications hit 2-month low

September 27, 2012
Associated Press
The number of Americans seeking unemployment benefits plunged to its lowest level in nine weeks. Other economic figures released Thursday were mainly disappointing.
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Weekly U.S. unemployment claims remain high

September 20, 2012
Associated Press
The Labor Department said Thursday that applications for unemployment benefits declined by 3,000 last week, to 382,000. The four-week average, a less volatile measure, rose for the fifth straight week, to 377,750, the highest level in nearly three months.
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Fed unveils bold, open-ended steps to aid economy

September 13, 2012
Associated Press
The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend. Stocks surged after the announcement.
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U.S. unemployment rate dips despite weak jobs report

September 7, 2012
Associated Press
The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. Hourly pay fell, manufacturers cut the most jobs in two years and the number of people in the work force dropped to its lowest level in 31 years.
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Stocks soar after Europe unveils bond-buying effort

September 6, 2012
Associated Press
A long-anticipated plan to support struggling countries in the European Union provided the necessary jolt, and the gains were extraordinarily broad.
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U.S. jobless claims increase to highest level in a month

August 23, 2012
Bloomberg News
The number of Americans filing first-time applications for unemployment benefits climbed last week to a one-month high, showing little progress in the labor market.
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U.S. economic recovery weakest since World War II

August 16, 2012
Associated Press
The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Growth has never been weaker in a postwar recovery. Consumer spending has never been so slack. Only once has job growth been slower.
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U.S. unemployment rate ticks up despite rise in hiring

August 3, 2012
Associated Press
U.S. employers added 163,000 jobs in July, the Labor Department said Friday, a somewhat hopeful sign after three months of sluggish hiring. However, the unemployment rate rose to 8.3 percent, up from 8.2 percent in June.
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U.S. economic growth slowed to 1.5 percent in 2nd quarter

July 27, 2012
Associated Press
The 1.5-percent growth rate in the second quarter was the weakest since the economy expanded at a 1.3-percent rate in the July-September quarter last year. The U.S. economy has never been so sluggish this long into a recovery.
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U.S. unemployment rate rises on dismal jobs report

June 1, 2012
Associated Press
U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate rose to 8.2 percent, up from 8.1 percent in April, the first increase in 11 months.
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Indiana unemployment rate shrinks to 7.9 percent

May 18, 2012
Scott Olson
Indiana’s unemployment rate dropped to 7.9 percent in April, falling below 8 percent for the first time since November 2008. The rate has dropped for five straight months.
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