One thing that’s going right in Indiana
In a state where education, incomes and health suffer, there’s more water than anyone knows what do to with.
Economy
Articles
State unemployment rate climbs back to 10 percent
Indiana unemployment figure hits double digits in April for the first time since September, showing how volatile the job market
remains.
Jobless claims rise by largest amount in 3 months
Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week, the Labor Department
said Thursday. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February.
New Indiana law aims to promote safety of traditional loans
A new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
U.S. unemployment claims slide slightly
Employers, encouraged by a recovering economy, are hiring again. But they are not doing it at the level needed to reduce the
jobless rate.
Indianapolis law firms raising rates again
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.
Finish Master profit slides
Recession aftermath continued taking a toll on sales of paint for auto repairs.
Indianapolis Economic Development Inc. becomes Develop Indy
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.
Productivity grew 3.6 percent in first quarter
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.
Hard times might make workers feel better about employers
Any bounce could be temporary, an expert cautions.
Employment costs up 0.6 percent in first quarter
The increase was the biggest quarterly gain since a similar 0.6-percent rise in the third quarter of 2008.
Drop in unemployment claims shows job market improving
The Labor Department said Thursday that initial applications for unemployment benefits dropped by 11,000 to 448,000, the lowest
level in four weeks.
Ranking the risk of Indy’s biggest bank
JPMorgan Chase is in the middle of the worst, a New York University prof says.
Assessing Daniels’ record on the environment
A leading Hoosier environmentalist thinks the governor isn’t living up to his conservative reputation.
After the Super Bowl in Indy
What to do for an encore? Civic leaders are already asking the question.
Ready for subsidized vacation?
Vacations are evolving into a “human right” in the European Union. So, you guessed it, subsidies are next. But
an IU prof who’s a native of France isn’t sure it’s a good idea.
Indiana’s place in a globalized economy
How will the state stand up against booming—and highly innovative—emerging nations?
Airport cargo-traffic rise could be sign of improving economy
Retailers restocking lean inventories and more online purchases could be driving cargo uptick.
Indiana white-collar workers suffering in bad economy
The national unemployment rate for college graduates age 25 and older was 4.9 percent in March, up from 4.4 percent a year
ago, the U.S. Bureau of Labor Statistics reports.
State jobless rate ticks up to 9.9 percent
The number of jobs in Indiana rose by 16,600, marking the largest month-to-month increase since September 2005, the Department
of Workforce Development said.