State’s unemployment rate rises to 8.5 percent
Indiana’s jobless rate moved up from 8.3 percent in June. The rate had held steady at 8.2 percent the previous two months.
Economy
Articles
Economy still tough, but a few Hoosier industries on upswing
Two years into the economic recovery, bright spots in the Indiana job market are still hard to find. The insurance industry is one of the few glimmers of light on Indiana’s horizon. Others include engine makers, nursing homes and temp agencies.
MORRIS: D.C. crowd making economic matters worse
I’m struggling with moving on from recent events, after losing about 15 percent of value in my equity investments in 11 business days. I’m angry. I’m really angry.
HICKS: Investors downgrade Standard & Poor’s political ploy
There are many reasons to believe the second half of the year will bring a faster-growing economy.
Unemployment aid applications fall to 4-month low
The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market may be improving again slowly after a recent slump.
Local stocks pummeled in global sell-off
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
Stocks turn lower as optimism about jobs fades
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
U.S. jobless rate dips as economy adds 117,000 jobs
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
Economy growing at slowest pace since recession
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
U.S. unemployment claims drop to 7-week low
The number of people applying for unemployment benefits fell last week to the lowest level in seven weeks, although applications remain elevated.
Indianapolis Star lays off 62 in cost-saving purge
The Indianapolis Star on Tuesday laid off 62 employees including more than 15 percent of its newsroom staff in the latest round of cost-cutting by Gannett Co. Inc., the newspaper's parent company.
State’s jobless rate holds steady at 8.2 percent
Indiana’s unemployment rate remained unchanged in May from the previous month. Because the rate has been at or below 8.5 percent for three consecutive months, the state is no longer eligible for a portion of extended unemployment benefits.
HICKS: Absence of fathers has dire economic impact
Poverty in America is overwhelmingly caused by two things: failing to graduate from high school and single parenting.
City’s fast-growing companies surge with economic recovery
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
State’s private companies performed unevenly last year
Fewer than half generated revenue increases.
Indiana public companies had banner year
Corporations staged advances across a variety of industries in 2010 as the economy improved.
2010 was great for Indiana’s 100 largest companies
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Economic indicators signal lower prices ahead
Consumers are spending cautiously in the face of still-high gasoline and grocery-store prices, slowing economic growth. But some relief could be on the way.
Economists: Lower growth, higher oil prices coming
The predictions of the economists reflect the jitteriness of a public that is still recovering from the financial crisis and now getting squeezed by rising prices for gas, groceries and other household items.
Economic Club of Indiana getting new manager
The Indiana Chamber of Commerce, which has overseen the Economic Club of Indiana for the last three and a half years, will end its relationship with the group after May's luncheon.