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Economic Recovery
U.S. unemployment aid applications show decline
May 23, 2013
Associated PressJobless 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.
MoreUnemployment rate hits 4-year low as economy adds 165K jobs
May 3, 2013
Associated PressThe only sectors of the economy that cut jobs last month were construction and government.
MoreStocks head lower on tepid U.S. economic growth
April 26, 2013
Associated PressSeveral 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.
MoreU.S. companies post more jobs, but fill them slowly
April 9, 2013
Associated PressEconomists point to several likely reasons for the disparity between a surge in job openings but only a modest rise in hiring.
MoreWeekly unemployment-aid applications fall
March 7, 2013
Associated PressThe 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.
MoreU.S. unemployment rate remains at 7.8 percent
January 4, 2013
Associated PressU.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.
MoreStocks plunge after election, and as Europe woes deepen
November 7, 2012
Associated PressThe 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.
MoreIU economists predict more of the same in 2013
November 1, 2012
Scott OlsonThe 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.
MoreIndiana manufacturers see momentum vanish
October 27, 2012
Dan HumanThe 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.
MoreIndiana sheds jobs but unemployment rate falls
October 19, 2012
IBJ StaffIndiana’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.
MoreStrategist: Economy expected to 'muddle' through 2013
October 12, 2012
Scott Olson
The 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.
Hopes slipping among state business owners
October 5, 2012
J.K. WallA 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.
MoreU.S. unemployment-aid applications rise again
October 4, 2012
Associated PressThe 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.
MoreBernanke: Economy growing much too slowly to put people back to work
October 1, 2012
J.K. WallFederal 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.
MoreUnemployment aid applications hit 2-month low
September 27, 2012
Associated PressThe number of Americans seeking unemployment benefits plunged to its lowest level in nine weeks. Other economic figures released
Thursday were mainly disappointing.
MoreWeekly U.S. unemployment claims remain high
September 20, 2012
Associated PressThe 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.
MoreFed unveils bold, open-ended steps to aid economy
September 13, 2012
Associated PressThe 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.
MoreU.S. unemployment rate dips despite weak jobs report
September 7, 2012
Associated PressThe 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.
MoreStocks soar after Europe unveils bond-buying effort
September 6, 2012
Associated PressA long-anticipated plan to support struggling countries in the European Union provided the necessary jolt, and the gains were
extraordinarily broad.
MoreU.S. jobless claims increase to highest level in a month
August 23, 2012
Bloomberg NewsThe 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.
MoreU.S. economic recovery weakest since World War II
August 16, 2012
Associated PressThe 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.
MoreU.S. unemployment rate ticks up despite rise in hiring
August 3, 2012
Associated PressU.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.
MoreU.S. economic growth slowed to 1.5 percent in 2nd quarter
July 27, 2012
Associated PressThe 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.
MoreU.S. unemployment rate rises on dismal jobs report
June 1, 2012
Associated PressU.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.
MoreIndiana unemployment rate shrinks to 7.9 percent
May 18, 2012
Scott OlsonIndiana’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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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.