Unemployment

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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U.S. jobless claims hold steady for second straight week

May 17, 2012
Associated Press
The number of people seeking unemployment benefits was unchanged last week, suggesting some gains in the job market.
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U.S. jobless rate slips despite dismal employment report

May 4, 2012
Bloomberg News
Employers added fewer workers than predicted in April, but the jobless rate unexpectedly fell as workers left the labor force. The participation rate, which indicates the share of working-age people in the labor force, fell to it lowest mark since 1981.
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U.S. applications for unemployment aid drop

May 3, 2012
Associated Press
The number of people seeking unemployment benefits fell last week by the most in nearly a year. But the four-week average, a less volatile measure, ticked up.
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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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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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U.S. unemployment claims signal slower hiring

April 19, 2012
Associated Press
Applications have started to tick up in recent weeks after months of steady declines. And employers added only 120,000 jobs in March — half the pace of the previous three months.
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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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Indiana unemployment rate drops to 8.4 percent

March 30, 2012
 IBJ Staff
Indiana’s unemployment rate took a sizable dip in February, falling to 8.4 percent, as new jobless claims hit a seven-year low.
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U.S. weekly jobless claims fall to lowest level in four years

March 29, 2012
Associated Press
The Labor Department said Thursday that weekly unemployment benefit applications fell by 5,000, to a seasonally adjusted 359,000. That's the smallest number of applicants since April 2008. The four-week average, a less volatile measure, declined to 365,000.
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Lower unemployment means no more extended benefits

March 13, 2012
Associated Press
About 10,000 Indiana residents who have been unemployed for more than 79 weeks will no longer be eligible to receive 20 more weeks of extended federal benefits after April 15 because the state's three-month average unemployment rate is no longer 110 percent higher than it was three years ago.
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State unemployment rate dips to 8.7 percent

March 13, 2012
Scott Olson
Indiana’s unemployment rate fell to 8.7 percent in January as the state added 13,000 private-sector jobs, the largest monthly increase in more than a year.
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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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U.S. unemployment rate ticks down after hiring burst

February 3, 2012
Associated Press
Employers went on a hiring spree in January and drove down the unemployment rate for a fifth straight month, to 8.3 percent, its lowest point in nearly three years.
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State employers add 12,000 jobs, but jobless rate stays flat

January 24, 2012
J.K. Wall
Indiana added 12,000 private-sector jobs in December, but the state's unemployment rate held steady at 9 percent as a huge wave of Hoosiers entered the labor force.
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U.S. jobless claims hit lowest weekly level since 2008

January 19, 2012
Associated Press
The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added to evidence that the job market is strengthening.
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U.S. jobless rate falls as employers add 200,000 jobs

January 6, 2012
Associated Press
The Labor Department said Friday that employers added a net 200,000 jobs last month and the unemployment rate fell to 8.5 percent, the lowest since February 2009.
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Unemployment claims rise after steady declines

December 29, 2011
Associated Press
The number of people seeking unemployment benefits rose last week after three weeks of declines. The four-week average, a less volatile measure, dropped for the fourth straight week.
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Indiana jobless rate stays at 9 percent

December 20, 2011
 IBJ Staff
The state’s unemployment rate held steady in November at a seasonally adjusted 9 percent, slightly higher than the overall U.S. rate that dropped to 8.6 percent, the state’s Department of Workforce Development said Tuesday morning.
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Job market looks better as unemployment claims sink

December 15, 2011
Associated Press
The number of people applying for benefits fell last week to 366,000, the fewest since May 2008. If the number stayed that low consistently, it would likely signal that hiring is strong enough for unemployment rates to fall.
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Unemployment aid applications drop to 9-month low

December 8, 2011
Associated Press
Employers added a net total of 120,000 jobs last month. The economy has generated 100,000 or more jobs five months in a row — the first time that has happened since April 2006.
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Unemployment rate falls to lowest level since March 2009

December 2, 2011
Associated Press
The 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.
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State unemployment rate inches up to 9 percent

November 22, 2011
 IBJ Staff
Indiana's jobless rate rose to 9 percent in October, up from 8.9 percent the previous month, marking the fifth straight month the state's unemployment rate has risen.
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  1. City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.

    They obviously don't really care about the cost.

    They should.

    Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says

    http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/

  2. Brett, be careful what you lie about, the truth always comes out.

    "IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"

    As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.

  3. Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".

    Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.

  4. Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"

    Pretty clear, he would love to go back and tell TG and the team owners not to split.

    I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.

    Truth,

    So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.

  5. I want to live in a city that has a garage structure to be proud of for it's innovating design!

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