Indiana manufacturers, many of which have suffered major job losses, are optimistic the economy will rebound next year,
according to an annual survey commissioned by Katz Sapper & Miller LLP.
One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early
January, as layoffs eased a bit amid a fledgling economic recovery.
The Indiana economy turned up in March, but the recovery has been slow and dogged. That’s the picture painted by a new
monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.
Noblesville Mayor John Ditslear has fired the city’s economic development director, Kevin Kelly, after Kelly had
been on the job for about two years.
The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.
Business and people now, and in the future, will choose to locate
in places that have the right mix of taxes and public services.
The grueling years of the housing downturn in the Indianapolis area appear to be over, a real estate veteran says, but a full
recovery is one to two years away.
It turns out the purchase of men’s underwear is an esoteric economic indicator for economists all over the world.
Alan Greenspan himself apparently considers it important. That was news to me.
The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs
are continuing to ease in the earliest stages of an economic recovery.
With no end in sight to the country’s job market woes, the U.S. House has agreed to give the jobless in a majority of states,
including Indiana, another 13 weeks of unemployment insurance benefits.
Indiana’s unemployment rate in August fell below double digits for the first time since April, the Indiana Department of Workforce
Development said this morning, but the decline could just be a blip.
The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, possible
evidence that job cuts are slowing.
The cresting wave of maturing commercial real estate debt is the second act in our nation’s credit crisis.
The launch of the orthopedics not-for-profit OrthoWorx is quite an accomplishment in Warsaw, where some of the world’s
biggest companies fight tooth-and-nail.
Recently, I saw a newspaper story detailing the number and percentage of jobs lost over the past year for Indiana’s
metropolitan areas. This year-over-year story is appropriate, but it tends to hide the truth behind the numbers.
More evidence arrived yesterday that the recession in Indiana has finally bottomed. But little of that evidence suggests a
quick recovery.
The nearly 15 million unemployed Americans won’t enjoy Labor Day as a relaxing respite from work. Instead, they’ll once again
need to prepare to get up, hit the pavement and keep hunting for a job.
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.
