Economy

IU 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.
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Economy grew at weak 1.3-percent rate in 2nd quarter

September 29, 2011
Associated Press
The 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.
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Stocks turn lower as optimism about jobs fades

August 5, 2011
Associated Press
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
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U.S. jobless rate dips as economy adds 117,000 jobs

August 5, 2011
Associated Press
Hiring 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.
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Economy growing at slowest pace since recession

July 29, 2011
Associated Press
The 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.
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Unemployment aid applications stuck at high level

June 9, 2011
Associated Press
The 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.
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HICKS: Productivity gains make for jobless recovery

February 19, 2011
Mike Hicks
It is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
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U.S. unemployment benefit applications drop sharply

December 30, 2010
Associated Press
Applications 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.
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Stocks retreat after disappointing jobs report

August 6, 2010
Associated Press
The 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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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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