Economic Recovery

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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State’s unemployment rate dips to 8.2 percent

April 20, 2012
Indiana's jobless rate is the lowest it's been since December 2008 and matches the national jobless rate for March, also at 8.2 percent.
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Bank of Indiana on long journey back from brinkRestricted Content

April 14, 2012
Greg Andrews
A fast-growing Indianapolis bank that became one of the biggest U.S. Small Business Administration lenders in the state has returned to profitability after a harrowing stretch of massive losses from borrower defaults that nearly led to its failure.
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New data brightens Indy area's jobs pictureRestricted Content

April 7, 2012
J.K. Wall
Bureau of Labor Statistics revises numbers, but region is still 30,000 jobs short of pre-recession peak.
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Stalled recovery? Gas prices, optimism on collision course

April 6, 2012
J.K. Wall
Nearly two-thirds of Hoosier business owners in a new survey said they are optimistic or moderately optimistic about the Indiana economy over the next six months. But high gas prices may dampen the enthusiasm.
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U.S. unemployment rate dips, but job growth slows

April 6, 2012
Associated Press
The job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy's growth prospects. The unemployment rate fell slightly, but mostly because more Americans stopped looking for work.
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Economy adds 227,000 jobs, jobless rate unchanged

March 9, 2012
Associated Press
U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession ended.
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State economy finally gaining tractionRestricted Content

March 3, 2012
J.K. Wall
Leading indicators for Indiana's economy are looking up: Banks are increasing lending, real estate developers are pulling the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including automobiles.
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New-home construction off to mild start

February 23, 2012
Scott Olson
Building permits filed in the nine-county Indianapolis metropolitan area totaled 194 in January, a 2-percent dip from the same time last year. But industry leaders are cautiously optimistic.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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