Unemployment

U.S. unemployment aid applications show decline

May 23, 2013
Associated Press
Jobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more normal level, companies must gain more confidence in the economy.
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Indiana adds jobs; unemployment rate slips

May 17, 2013
Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department of Workforce Development reported Friday morning.
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Unemployment aid applications fall to five-year low

May 9, 2013
Associated Press
Much of the job growth has come from fewer layoffs. Overall hiring remains far below pre-recession levels.
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Unemployment rate hits 4-year low as economy adds 165K jobs

May 3, 2013
Associated Press
The only sectors of the economy that cut jobs last month were construction and government.
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State sheds jobs; unemployment rate holds steady

April 19, 2013
 IBJ Staff
The Indiana Department of Workforce Development said Friday morning that the loss of jobs was the first monthly decline for the state in more than a year.
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Unemployment aid applications signal stable hiring

April 18, 2013
Associated Press
The number of Americans seeking unemployment benefits increased just 4,000 last week, to a seasonally adjusted 352,000.
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U.S. unemployment rate dips despite tepid job growth

April 5, 2013
Associated Press
Employers added just 88,000 jobs in March, the fewest in nine months. The jobless rate slipped to its lowest percentage in four years, but only because more people stopped looking for work.
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State adds jobs in February at healthy clip

March 29, 2013
Norm Heikens
Hiring surged in several sectors of the economy, but the unemployment rate inched higher as more residents started looking for work.
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Four-week average for jobless claims hits 5-year low

March 22, 2013
Associated Press
The number of people seeking U.S. unemployment aid barely changed last week, while the average over the past month fell to a fresh five-year low.
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Indiana’s unemployment rate jumps to 8.6 percent

March 18, 2013
Indiana's unemployment rate rose to 8.6 percent in January, from 8.3 percent in December, even though the state added 8,200 private-sector jobs during the month. The monthly rate hasn't jumped that much since 2009.
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Weekly unemployment-aid applications fall

March 7, 2013
Associated Press
The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years.
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Reversal: Indiana jobless benefits go on past Friday

February 27, 2013
Associated Press
Unemployed Indiana residents will keep receiving federally extended unemployment benefits under a reversal by the Indiana Department of Workforce Development.
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State jobless rate climbs despite increase in jobs

January 18, 2013
Scott Olson
Indiana's unemployment rate rose to 8.2 percent in December even though the state added 8,300 private-sector jobs during the month. Officials attributed the increase to the more than 7,000 unemployed Hoosiers who resumed searching for work.
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New U.S. jobless claims hit lowest level in five years

January 17, 2013
Bloomberg News
The Labor Department said the rapid drop in claims may be a short-term distortion. Long-term and extended claims for unemployment increased.
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HICKS: Why is the unemployment rate still so high?Restricted Content

January 12, 2013
Mike Hicks
The Great Recession wasn’t caused by a housing market collapse; it was more than that. Our economic unwinding required lots of failures.
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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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Weekly unemployment applications rise to 372,000

January 3, 2013
Associated Press
More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data from the U.S. Labor Department for the second straight week.
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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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State's unemployment rate drops to 8 percent

November 20, 2012
Scott Olson
Indiana added 7,700 private-sector jobs in October, marking the largest monthly gain since May, as the unemployment rate fell for the second straight month.
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U.S. jobless benefit applications fall slightly

November 8, 2012
Associated Press
The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.
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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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Financial crisis pushes millennials to fiscal conservatism

October 28, 2012
Associated Press
Researchers find that the recession had a particularly profound effect on the political attitudes of younger millennials, who've come of age as the adults who preceded them have lost homes, jobs and retirement funds. Their age group also faces high unemployment.
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Indiana sheds jobs but unemployment rate falls

October 19, 2012
 IBJ Staff
Indiana’s unemployment rate fell to 8.2 percent in September, the first decline for the rate since April, despite a loss of 6,000 private-sector jobs.
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Hopes slipping among state business owners

October 5, 2012
J.K. Wall
A survey of Hoosier business owners shows an increasingly a ho-hum outlook, with only one in seven optimistic for their own company and even fewer encouraged about the U.S. economy.
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Bernanke: Economy growing much too slowly to put people back to work

October 1, 2012
J.K. Wall
Federal Reserve Chairman Ben Bernanke told a local lunch crowd that he expects the economy to keep growing, but he said the growth is so slow that it could create a "permanent group" of underemployed Americans.
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  1. First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.

  2. My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.

  3. That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.

  4. TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.

  5. The Prestige was an awesome movie.

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