The Labor Department said Friday that employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected. But
the nation’s unemployment rate held steady at 10 percent.
The Labor Department said today that new claims for unemployment insurance fell by 22,000, to a seasonally adjusted 432,000,
the lowest since July 2008.
Multiple challenges remain,
no doubt. But I feel a whole lot better about our prospects than I did a year ago at this time.
We don’t support the library or most government services with adequate taxes.
The rise was fueled by a long-term outlook on jobs that reached its highest level in two years, but the reading of 52.9 is
still far short of the 90 that would signify a solid economy.
A rising stock market will prompt consumers to start spending again, says Barclays economist Dean Maki.
The decade ahead could be a brutal one for America’s unemployed—and for people with jobs hoping for pay raises.
A fitful economic recovery is drawing strength from a stabilizing job market and signs that manufacturing will contribute
to the rebound. The evidence signals a better-than-expected end to the year, though doubts remain about growth in 2010.
Mark Schroeder, CEO of Jasper-based German American Bancorp, was one of just 12 community bankers who talked shop Tuesday
with the president and Treasury secretary.
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
The 131,000 jobs lost
in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations
of Carmel and Fishers.
The U.S. economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously
thought.
However, signs suggest the economy will end 2009 on stronger footing.
The U.S. economy started the year in free-fall but is on track to end 2009 on stronger footing.
Indiana’s unemployment rate ticked downward in November, falling to 9.6 percent, the Indiana Department of Workforce Development
said Friday morning.
A Zionsville dealer says the economy is influencing its wealthy buyers, but things would be worse under Rolls-Royce.
Its education focus just might make the endowment more of a jobs engine than the Indiana Economic Development Corp.
Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped
shape tax policy in the Kennedy administration and wrote a textbook read by millions of college students, died Sunday.
Muncie plans to turn out most of its street lights to keep from going broke. But what about the social consequences?
Businesses unexpectedly increased their inventories in October, halting a slide of 13 consecutive declines. The small gain,
along with a fifth straight increase in sales, raised hopes that businesses will begin restocking their depleted shelves,
helping support the economic recovery.
The government’s report came as a surprise because the nation’s retailers have been reporting generally lackluster results
for the start of the holiday shopping season.
