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.
Hiring
Articles
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.
Jobless claims fall unexpectedly as layoffs ease
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.
Consumer confidence up in December
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.
Delphi to add 190 jobs in Kokomo
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
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.
IT firm officially announces plans to create 200 jobs
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
Ohio manufacturer expanding in northeast Indiana
An Ohio manufacturing company plans to spin off its machining and fabrication operations and set up shop in northeast Indiana,
creating 111 jobs by 2014, state economic development leaders said Tuesday evening.
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.
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.
Wind turbine maker adding 260 jobs in New Albany
California-based WindStream Technologies Inc. plans to locate a development and production facility at Purdue Research Park
of Southeast Indiana, creating more than 260 jobs by 2012.
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.
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.
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.