CIB executive director out-earns governor, mayor combined
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state’s highest-paid public employees, and some wonder if his pay should be cut.
Employment
Articles
Lauth, a once-booming developer, has sliced 90 percent of work force, lost control of some properties
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
Simon layoffs would jeopardize HQ incentive deal
During one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees, officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
Prolonged woes reshape Connersville, city once known as ‘Little Detroit’
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
50-year employee leaves IMS
Bill York, who has worked in the Indianapolis Motor Speedway press room since 1958, is no longer with the Brickyard.
Youth program may promote sense of purpose
Though I’m an economist, and not much skilled at matters of the heart, it seems to me there’s something amiss in today’s national psyche. There’s no real sense of purpose or unity. For those of us old enough to have had very close relatives who lived through the Great Depression, today just feels different from […]
Indianapolis weathering recession better than rest of state, U.S.
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
Clawback provisions won’t hurt biz attraction
House Bill 1338 introduces a change to many (but not all) of our state’s tax incentives, adding what is known as a “clawback” provision, offering a reasonable and fair adjustment to our current tax incentives.
Horse trading key to solving unemployment deficit
In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Cultural institutions fear bear-market toll
The scenario for area art institutions could darken considerably in 2010, 2011 and 2012, as cultural institutions fully account for devastating investment losses in their endowments â?? a key source of income.
Indiana’s wage gap is growing
Indiana leaders need to focus on the increasing gap between the average wage in Indiana and in the nation.
These stories might cheer you up
This week I’m going to be
your own, personal Pollyanna and try to cheer you up with some good news.
For unemployed, searching for job is full-time endeavor
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
Unemployment taxes could break small biz
Raising the taxes to 5 percent-6 percent for a company like mine would be devastating, even though I have few employees.
Stern’s definition of ‘golden age’ is laughable
Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps’ bong
when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.
Compendium casts eye on national blog market
Two-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new
customers in the fourth quarter.
GM workers hesitate to bite at buyout bait
GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.
Orchestra lays off eight as donations, ticket sales drop
The Indianapolis Symphony Orchestra will look to volunteers to help cover the work done by eight people who were laid off last week in a move to trim $600,000, or 2 percent, from the $29.5 million annual budget.