Economic Recovery

Initial claims for unemployment aid rise again

September 23, 2010
Associated Press
The rise suggests that jobs remain scarce and some companies are still cutting workers amid sluggish economic growth.
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Machine-tool maker Hurco hopes trade show sparks salesRestricted Content

September 11, 2010
Kathleen McLaughlin
The 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.
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New filings for jobless benefits fall to two-month low

September 9, 2010
Associated Press
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
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New jobless claims drop for first time in 4 weeks

August 26, 2010
Associated Press
However, 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.
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MARCUS: Unemployment is a waste of our resources

August 14, 2010
Morton Marcus
People have to be hired to do valuable things with the money the government pumps into the economy. That money can’t be given to people or to businesses with the hope that they will use it. It has to be spent on activities that increase employment.
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HICKS: Expectations can't erase sluggish recoveryRestricted Content

August 14, 2010
Mike Hicks
While the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
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New jobless claims hit highest level in six months

August 12, 2010
Associated Press
Initial 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.
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Productivity falls for first time since 2008

August 10, 2010
Associated Press
Worker 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.
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Daniels: Stimulus should focus on companies, not states

August 9, 2010
Bloomberg News
Indiana Gov. Mitch Daniels said he opposes more stimulus such as aid to states to keep teachers hired and to expand credit to small business, while favoring incentives to revive private hiring and investment.
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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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Elevated jobless claims point to weak labor market

July 22, 2010
Associated Press
The 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.
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MARCUS: Indiana jobs situation is improving

July 17, 2010
Morton Marcus
The bleeding seems to have stopped where job loss is concerned, but it's not time to pat ourselves on the back.
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Economic rebound slowed last quarter

May 27, 2010
Associated Press
The economic recovery last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to stay high this year.
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Indianapolis law firms raising rates again

May 15, 2010
Scott Olson
Recession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the increases are outstripping inflation.
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Finish Master profit slides

May 7, 2010
 IBJ Staff
Recession aftermath continued taking a toll on sales of paint for auto repairs.
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Productivity grew 3.6 percent in first quarter

May 6, 2010
Associated Press
Productivity growth and falling labor costs are good for corporate profits but mean household incomes continue to be squeezed, putting the economic recovery at risk.
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Hotels slowly recovering from worst downturn in 40 years

May 1, 2010
Anthony Schoettle
Hotel occupancy rates in the last two years have plunged nationally and locally to levels not seen in decades, putting a number of hotels at or near the financial breaking point. But relief finally appears to be on the way.
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Airport cargo-traffic rise could be sign of improving economy

April 20, 2010
Chris O'Malley
Retailers restocking lean inventories and more online purchases could be driving cargo uptick.
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White House hails economic gains, foretells slow recovery

April 4, 2010
Associated Press
Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while bracing out-of-work Americans for a slow recovery.
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Jobless claims drop more than expected

March 25, 2010
Associated Press
New claims for unemployment benefits fell more than anticipated last week—partially due to changes in the calculations—as layoffs ease and hiring slowly recovers.
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Indiana's jobless rate holds steady at 9.7 percent

March 10, 2010
Scott Olson
The state's unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported in December.
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Intellectual property practices in law firms recovering from recessionRestricted Content

February 27, 2010
Norm Heikens
Practices are beginning to thaw along with other areas of the economy.
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MARCUS: The recovery has taken root

February 27, 2010
Morton Marcus
rom Madison to Merrillville and Elkhart to Evansville, the talk among businesspeople is positive. Customers are showing more interest, orders are picking up. The data may not be there to support the good cheer, but economic data are always delayed.
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National unemployment rate drops to 9.7 percent

February 5, 2010
Associated Press
January's report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the private sector as a whole added 63,000 positions.
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MARCUS: A heavenly suggestion for economic recovery

January 30, 2010
Morton Marcus
The federal stimulus programs are based largely on borrowing, not on taxation.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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