Employment

Software maker plans 400 hires, including 250 in Indianapolis

March 25, 2013
Dan Human
Interactive Intelligence says it needs more workers to handle increased business as it attracts larger clients and grows its sales related to cloud data storage and management.
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Auto parts supplier lays off 200 in northeastern Indiana

March 1, 2013
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
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Factory workers struggling to bounce backRestricted Content

February 23, 2013
Dan Human
Thousands of Indiana’s rank-and-file factory workers have seen their earnings lose ground to that of white-collar workers. The gap has grown even as manufacturers expect their assembly-line workers to have more skills and more advanced education.
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UPDATE: Sensient to cut 125 jobs due to Chicago move

February 14, 2013
Sensient Technologies Corp. has alerted state officials that it will lay off 125 workers from its Indianapolis operations. That follows the company's announcement that it plans to move its local Flavors & Fragrances Group headquarters to suburban Chicago.
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U.S. unemployment rate remains at 7.8 percent

January 4, 2013
Associated Press
U.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.
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Fort Wayne church insurer plans to add 102 jobs

December 27, 2012
Brotherhood Mutual Insurance Co. expects to hire the employees by 2016 as part of a $15 million expansion that includes building a 54,395-square-foot facility at its headquarters.
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State’s unemployment rate holds steady at 8 percent

December 21, 2012
Scott Olson
Indiana shed 9,800 private-sector jobs in November, mainly due to losses in the construction industry, according to state officials.
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Japanese automakers help drive economyRestricted Content

December 8, 2012
Dan Human
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
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U.S. economy adds 146,000 jobs as unemployment rate slips

December 7, 2012
Associated Press
The Labor Department's report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
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IU: Growth of Indiana’s labor force slowing rapidly

November 13, 2012
Scott Olson
The Indiana Business Research Center attributes the predicted slowdown during the next 30 years to an increasing number of baby boomers entering retirement and a cresting of the decades-long rise in female labor force participation.
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U.S. unemployment rate rises despite job gains

November 2, 2012
Associated Press
President Barack Obama will face voters with the highest unemployment rate of any incumbent since Franklin Roosevelt.
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Cummins shortens work week at Columbus factory

October 5, 2012
Associated Press
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
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U.S. unemployment rate falls to 7.8 percent, wages rise

October 5, 2012
Associated Press
The nation's jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers added 114,000 jobs. Wages rose over the month, and more people started looking for work.
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Food-equipment maker closing state plant with 235 workers

September 10, 2012
Manitowoc Foodservice said it will eliminate 235 jobs with a Fort Wayne plant closure slated for April 30. The company gave no reason for its decision.
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Cummins distributor plans to add 75 jobs in Indianapolis

September 5, 2012
Indianapolis-based Crosspoint Solutions LLC, a manufacturer of electric auxiliary power units, plans to hire the workers by 2016 as part of a $935,000 expansion.
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Elkhart factory to close by 2013, costing 210 jobs

July 26, 2012
Associated Press
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
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J.C. Penney closing distribution center, laying off 230

July 2, 2012
 IBJ Staff
The distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September, company officials said.
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State’s unemployment rate held at 7.9 percent in May

June 15, 2012
The May jobless rate in Indiana was unchanged from April, although the state added 7,700 private-sector jobs last month, with gains in sectors including trade, transportation, utilities, and private educational and health services.
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Manufacturing employment coming back, but without the wages of yesteryearRestricted Content

June 9, 2012
Dan Human
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
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Firm finds opportunity helping employers with hiringRestricted Content

April 28, 2012
Andrea Muirragui Davis
Rushville-based Barada Associates Inc. specializes in helping business clients make good hiring decisions—services that have become more popular as companies find themselves inundated with eager applicants looking for work.
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Hundreds losing jobs at local Aurora Bank office

April 25, 2012
Scott Olson
The bank said it will terminate all 450 employees at its office on the northeast side of Indianapolis as the troubled residential mortgage servicing provider prepares to sell a large portion of its assets.
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Researchers mull reasons behind Indiana's gender wage gap

April 23, 2012
Associated Press
Reasons for Indiana's wage gap between men and women range from the job mix in the state to whether women are staying in the workforce or taking breaks to have children.
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Unemployment benefit requests jump again

September 15, 2011
Associated Press
The number of people applying for unemployment benefits jumped last week to the highest level in three months, another sign that the job market remains depressed.
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EDITORIAL: Invest in the underemployedRestricted Content

August 27, 2011
 IBJ Staff
Armies of people find themselves lingering on the sidelines.
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This year's metro area job losses deeper than in peer citiesRestricted Content

August 27, 2011
J.K. Wall
As the national economy sputters, the Indianapolis area is losing jobs faster than its peers, falling to levels not seen since 2002.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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