New jobless claims increase unexpectedly
The Labor Department said Thursday that first-time claims increased by 18,000 in the week ending April 3, to a seasonally
adjusted 460,000.
Hiring
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White House hails economic gains, foretells slow recovery
Buoyed by good news on the jobs front, the White House claimed credit Sunday for reversing the downward economic spiral while
bracing out-of-work Americans for a slow recovery.
Edy’s ice cream plant to expand its work force
Edy's Grand Ice Cream expects to fill 120 full-time production positions — paying about $13 an hour — at its
Fort Wayne plant in the next three months because of demand for its popular Nestle Drumsticks.
Indiana unemployment rate ticks up to 9.8 percent
The state’s jobless rate has been either 9.8 percent or 9.7 percent the past four months.
Jobless claims drop more than expected
New claims for unemployment benefits fell more than anticipated last week—partially due to changes in the calculations—as
layoffs ease and hiring slowly recovers.
The gavel drops: Legislature ends session with compromises
The Indiana General Assembly finally adjourned its 2010 legislative session early Saturday with deals including a one-year
delay on unemployment insurance tax increases and aid for schools reeling from state budget cuts.
Unemployment rate stays flat as nation sheds 36,000 jobs
The Labor Department figures suggest the job market is slowly healing but that significant hiring has yet to occur.
Job searches dragging on a year later
Out of six professionals IBJ profiled a year ago, three have found jobs, although all have accepted lower pay than
they were getting before. One could not be reached, but she still lists herself as looking for work on LinkedIn.com. Two tried
to start their own businesses, with one giving up and one, Bruce Flanagan, still trying.
Weather blamed for unexpected rise in jobless claims
New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.
Vortek Surgical moving HQ to Brownsburg, adding 60 jobs
Indianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing and distribution
operations and creating more than 60 jobs in the next three years.
Go west (to Hendricks County)
The economy is as good or better in Hendricks County than anywhere else in the Indianapolis area.
State jobless fund tax increase becomes hot topic
Whether to delay increases in taxes that employers pay to Indiana’s unemployment insurance fund is becoming a
contentious issue in the General Assembly.
Kmart closing adds to Connersville jobless woes
Kmart’s announcement that it will close its store in Connersville in May will put 59 employees out of work. Fayette County,
where the city is located, already is strapped by steep job losses.
World Media Group to expand Indianapolis operations
Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on
the east side of Indianapolis, increasing its workforce by 20 percent.
National unemployment rate drops to 9.7 percent
January’s report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the private sector as a whole added 63,000 positions.
Obama unveils 2011 budget with $3.8 trillion in spending
The president’s budget offers tax cuts for businesses, including a $5,000 tax credit for hiring new workers this year, help
for the unemployed and $25 billion more for cash-strapped state governments. Job creation will take precedence over stemming
a surging deficit.
Mobile lab maker Biologics to create 50 jobs in Brownsburg
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
More economy woes: Retail sales sink, jobless claims rise
For the year, retail sales fell 6.2 percent, the biggest decline on government records that go back to 1992.
Stericycle to expand in Indianapolis
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109
jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
Hiring family, friends can be dicey for business owners
Employing relatives or pals can be a godsend or a nightmare for small firms. And anecdotal evidence suggests it could be even
rougher on women business owners than it is on men.