Setbacks in diabetes market batter Roche
Roche Diagnostics Corp., once the darling of the U.S. diabetes-device market, is now licking its wounds. And
it’s mulling whether to keep fighting on all fronts or to pull back.
Employment
Articles
New jobless claims rise unexpectedly
The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous
week.
Auto parts maker to add 130 jobs in Princeton
Automotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
Census to fill thousands of part-time jobs in Indiana
The U.S. Census Bureau says it will recruit about 45,000 people across Indiana to work as census takers for the 2010 Census.
Daniels applauds decline in state government jobs
Indiana government has lost more than 1,500 workers in the past year, and that’s a good thing, Gov. Mitch Daniels says.
Jobless rate unexpectedly falls to 10 percent
The Labor Department said the economy shed only 11,000 jobs last month, a vast improvement from October’s revised total of
111,000.
Productivity surges 8.1 percent, most in 6 years
The U. S. Commerce Department said productivity rose at an annual rate of 8.1 percent in the third quarter, the biggest jump
since 2003.
Trailer maker plans to add 100 jobs in Peru
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
Rising unemployment taxes could hinder hiring
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
State’s jobless rate ticks up
Indiana’s unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months,
the Indiana Department of Workforce Development said Friday morning.
Carmel electric marketer planning expansion
Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
Layoff euphemisms
Corporations simply don’t like direct language, a Butler University professor says.
UPDATE: Life science firm to add 100 jobs at Park 100
California-based life science firm Beckman Coulter Inc. is moving its precision plastics injection molding operation
to the Park 100 business park on Indianapolis’ northwest side, making what it calls a multimillion-dollar investment in the
operation.
Have you hired a veteran today?
With Veterans Day upon us, we are reminded to thank a veteran for his or her service and to honor the memories of those
who fought for our country and did not come home. But in the business community, we can do more than that, all year long,
by bringing veterans into our organizations.
Greensburg manufacturer sold, jobs moving to Oklahoma
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
Lilly reducing sales force by 191 as part of larger restructuring
Eli Lilly and Co. has notified the state that it plans to eliminate 191 sales jobs as part of a company-wide restructuring
announced
in September
that ultimately will result in 5,500 job cuts by the end of 2011.
Cook Group Inc. owner says health reform’s tax on medical devices could kill jobs
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices
to pay for health care reform, company founder Bill Cook said in an interview.
New jobless claims rise more than expected
The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, as employers remain
reluctant to hire even as the economy shows signs of recovery.
Vincennes plant hiring 150 to make glass for military
Schott North America plans additional production at its southern Indiana factory after winning a contract to make specialty
glass for military vehicles.
Lockheed Martin planning Indianapolis layoffs
Maryland-based Lockheed Martin will idle 10 percent of the employees at its Indianapolis call center as a result of declining call volumes and “funding issues” that are cutting short a five-year federal contract worth a total of $80 million.