State jobless rate holds steady at 10 percent
Indiana’s May unemployment figure remains in double digits for second consecutive month, despite some job growth.
Economy
Articles
How federal pork suppresses business
A Harvard study shows companies suffer when politicians deluge their states with federal dollars.
MARCUS: English skills lead to economic success
Unless you have extraordinary assets, your communication skills will go a long way to determining your social and economic
standing.
People are quitting jobs; that’s a good thing
An improved economy is giving workers confidence to jump.
U.S. unemployment rate dips on census hiring
Virtually all the job creation in May came from the hiring of 411,000 census workers. Job creation by private companies grew
at the slowest pace since the start of the year.
Popularity of old cars indicates economic recovery
Sales of Eisenhower-era Eldorados and Kennedy-era Corvettes provide signs of hope.
MARCUS: How much do workers want to earn?
Regular readers know I’m a numbers guy. Give me a set of data and I can be happily
occupied for hours. A simple visit to Hoosiers by the Numbers on the Indiana Department of Workforce Development website is a data junkie’s joy.
High unemployment prompts new company, The Learning Index
A couple of Hoosier entrepreneurs think they can take their career information web site national.
April increase in construction spending largest since 2000
Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit
sector of the economy is starting to recover.
Time to bring I-69 downtown?
Dusting off the original plans to extend the highway from I-465 to downtown would ease congestion. But, oh, the downsides.
Consumer spending posts weak April reading
The Commerce Department said Friday that consumer spending was unchanged last month, the weakest showing in seven months.
Economic rebound slowed last quarter
The economic recovery last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to
stay high this year.
One thing that’s going right in Indiana
In a state where education, incomes and health suffer, there’s more water than anyone knows what do to with.
State unemployment rate climbs back to 10 percent
Indiana unemployment figure hits double digits in April for the first time since September, showing how volatile the job market
remains.
Jobless claims rise by largest amount in 3 months
Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week, the Labor Department
said Thursday. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February.
New Indiana law aims to promote safety of traditional loans
A new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
U.S. unemployment claims slide slightly
Employers, encouraged by a recovering economy, are hiring again. But they are not doing it at the level needed to reduce the
jobless rate.
Indianapolis law firms raising rates again
Recession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the
increases are outstripping inflation.
Finish Master profit slides
Recession aftermath continued taking a toll on sales of paint for auto repairs.
Indianapolis Economic Development Inc. becomes Develop Indy
Develop Indy was often confused with other business development groups, particularly the Indiana Economic Development Corp.