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Economy
Average household far from regaining wealth, study says
May 31, 2013
Associated PressThe average U.S. household has regained less than half the wealth it lost to the Great Recession, a report released Thursday
by the Federal Reserve Bank of St. Louis concluded.
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. 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.
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. employers add only 80,000 jobs as economy struggles
July 6, 2012
Associated PressU.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling
three years after the recession ended. The unemployment rate remained at 8.2 percent.
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.
MoreU.S. retail sales increase for sixth straight month
December 13, 2011
Associated PressAmericans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail
sales for a sixth straight month. Meanwhile, sales fell at grocery stores, building supply stores and restaurants.
MoreUnemployment rate falls to lowest level since March 2009
December 2, 2011
Associated PressThe U.S. unemployment rate fell last month to its lowest level in more than 2-1/2 years as more of the unemployed either found
jobs or gave up looking and were no longer counted as jobless.
MoreIU experts: Economy to stay 'lousy' in 2012
November 3, 2011
Economists from the Kelley School of Business predict the national economy will grow a modest 2.5 percent to 3 percent next
year, while unemployment will remain high.
MoreEconomy grew at weak 1.3-percent rate in 2nd quarter
September 29, 2011
Associated PressThe U.S. economy grew slightly faster in the spring than previously estimated but remained dangerously weak in the face of
high unemployment and higher gas prices.
MoreStocks turn lower as optimism about jobs fades
August 5, 2011
Associated PressStocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
MoreU.S. jobless rate dips as economy adds 117,000 jobs
August 5, 2011
Associated PressHiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day
on Wall Street in nearly three years.
MoreEconomy growing at slowest pace since recession
July 29, 2011
Associated PressThe economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months
of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest
since the recession ended two years ago.
MoreUnemployment aid applications stuck at high level
June 9, 2011
Associated PressThe number of people seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points
to a slowing job market.
MoreHICKS: Productivity gains make for jobless recovery
February 19, 2011
Mike HicksIt is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
MoreU.S. unemployment benefit applications drop sharply
December 30, 2010
Associated PressApplications dropped by 34,000, to 388,000, the lowest number since the week of July 12, 2008. The level of applications has
either fallen or remained unchanged in five of the past six weeks.
MoreStocks retreat after disappointing jobs report
August 6, 2010
Associated PressThe disappointing jobs data magnifies worries that slowing growth could end up leading the country back into recession during
the second half of the year.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!