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Economy
New grads struggle to put education to work
October 2, 2010
Joe JasinskiIn May, only one-quarter of 2010 college graduates who applied for a job actually received one, compared with more than half
in 2007. About as many college graduates of all ages also are plagued by underemployment, working jobs below their skill level—including
Butler grad Tom Otero.
MoreDurable goods rise outside volatile transportation
September 24, 2010
Associated PressThe overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled
down by a significant drop in orders for aircraft.
MoreMachine-tool maker Hurco hopes trade show sparks sales
September 11, 2010
Kathleen McLaughlinThe Indianapolis-based maker of computerized metal-cutting tools piled up record profits in fiscal years 2005 through 2008,
but now is trying to leave behind a second year of losses.
MoreNew filings for jobless benefits fall to two-month low
September 9, 2010
Associated PressEven with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
MoreMORRIS: When does this movie end?
August 28, 2010
Greg MorrisLately, don’t you feel like yelling out the window on occasion, even
just a little? You have to really look to find the good news today.
MoreNew jobless claims drop for first time in 4 weeks
August 26, 2010
Associated PressHowever, about 10.1 million people were receiving unemployment checks in the week ended Aug. 7, the latest data available.
That's up about 260,000 from the previous week.
MoreDurable goods orders tick up, but business spending slides
August 25, 2010
Associated PressWithout the volatile transportation sector, orders dropped 3.8 percent—the steepest decline since January. Businesses
spent less on equipment and machines. Orders for capital goods fell 8 percent.
MoreIndiana, Indy stage small employment gains
August 20, 2010
Norm HeikensIndiana's unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
MoreHICKS: Expectations can't erase sluggish recovery
August 14, 2010
Mike HicksWhile the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
MoreNew jobless claims hit highest level in six months
August 12, 2010
Associated PressInitial claims for unemployment benefits have now risen in three of the last four weeks and are close to their high point
for the year of 490,000, reached in late January.
MoreProductivity falls for first time since 2008
August 10, 2010
Associated PressWorker productivity declined at an annual rate of 0.9 percent in the April-to-June quarter after posting large gains throughout
2009, the Labor Department said Tuesday.
MoreCounties brace for big tax losses next year
August 9, 2010
IBJ Staff and Associated PressIndiana counties will receive $1.3 billion in income tax revenue in 2011, nearly 16 percent less than they did this year.
Marion and Hamilton counties will suffer major reductions in distributions.
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.
MoreHoosier firms find cutting costs no substitute for growth
July 31, 2010
Greg AndrewsThe gains amid economic malaise are impressive, but also unsustainable. Companies can’t continue to grow earnings forever
based on cost-cutting.
MoreConsumer confidence index retreats further
July 27, 2010
Associated PressEconomists watch the Consumer Confidence index closely because consumer spending accounts for about 70 percent of U.S. economic
activity and is critical to a strong recovery.
MoreElevated jobless claims point to weak labor market
July 22, 2010
Associated PressThe sharp increase comes after claims fell steeply two weeks ago to their lowest level since August 2008. But much of that
drop was driven by temporary seasonal factors and not an improving job market.
MoreIndiana's unemployment rate rises slightly
July 20, 2010
Scott OlsonJune figure hits 10.1 percent, up a tick from April and May, marking the third straight month Indiana's unemployment rate
has been in double digits.
MoreMARCUS: Indiana jobs situation is improving
July 17, 2010
Morton MarcusThe bleeding seems to have stopped where job loss is concerned, but it's not time to pat ourselves on the back.
MoreChallenging job market trips up new attorneys
July 10, 2010
Michael W. HoskinsIt’s a tough time to be starting in the profession when established lawyers struggle to keep up their practices and
client lists.
MorePearson ad agency closing after more than three decades
July 6, 2010
Scott OlsonCEO Ron Pearson attributed the decision to the difficult economic conditions. The firm was hit particularly
hard in 2007, when it lost a $20 million HHGregg advertising account.
MoreLawmakers approve big Wall Street revamp
June 25, 2010
Bloomberg NewsBill headed for Obama's desk would reform financial regulation in effort to protect consumers, curb risks, boost surveillance
of threats to markets, and give regulators more emergency powers to avoid future bank bailouts.
MoreNational new-home sales plunged to record low in May
June 23, 2010
Bloomberg NewsPurchases of new homes in the United States fell in May to a record low as a federal tax credit expired, showing the market
remains
dependent on government support.
MoreState jobless rate holds steady at 10 percent
June 18, 2010
Scott OlsonIndiana's May unemployment figure remains in double digits for second consecutive month, despite some job growth.
MoreMARCUS: English skills lead to economic success
June 12, 2010
Morton MarcusUnless you have extraordinary assets, your communication skills will go a long way to determining your social and economic
standing.
MoreMARCUS: How much do workers want to earn?
June 5, 2010
Morton MarcusRegular readers know I’m a numbers guy. Give me a set of data and I can be happily
occupied for hours. A simple visit to Hoosiers by the Numbers on the Indiana Department of Workforce Development website is
a data junkie’s joy.
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?