Productivity grew 3.6 percent in first quarter
Productivity growth and falling labor costs are good for corporate profits but mean household incomes continue to be squeezed,
putting the economic recovery at risk.
Economy
Articles
Hard times might make workers feel better about employers
Any bounce could be temporary, an expert cautions.
Employment costs up 0.6 percent in first quarter
The increase was the biggest quarterly gain since a similar 0.6-percent rise in the third quarter of 2008.
Drop in unemployment claims shows job market improving
The Labor Department said Thursday that initial applications for unemployment benefits dropped by 11,000 to 448,000, the lowest
level in four weeks.
Ranking the risk of Indy’s biggest bank
JPMorgan Chase is in the middle of the worst, a New York University prof says.
Assessing Daniels’ record on the environment
A leading Hoosier environmentalist thinks the governor isn’t living up to his conservative reputation.
After the Super Bowl in Indy
What to do for an encore? Civic leaders are already asking the question.
Ready for subsidized vacation?
Vacations are evolving into a “human right” in the European Union. So, you guessed it, subsidies are next. But
an IU prof who’s a native of France isn’t sure it’s a good idea.
Indiana’s place in a globalized economy
How will the state stand up against booming—and highly innovative—emerging nations?
Airport cargo-traffic rise could be sign of improving economy
Retailers restocking lean inventories and more online purchases could be driving cargo uptick.
Indiana white-collar workers suffering in bad economy
The national unemployment rate for college graduates age 25 and older was 4.9 percent in March, up from 4.4 percent a year
ago, the U.S. Bureau of Labor Statistics reports.
State jobless rate ticks up to 9.9 percent
The number of jobs in Indiana rose by 16,600, marking the largest month-to-month increase since September 2005, the Department
of Workforce Development said.
Trouble in life-sciences paradise
Bloomington is struggling to keep its edge, a report says. And Bill Cook isn’t happy about it.
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.
Consumers slowly show signs of springing back
A partial rebound in consumer confidence, a positive report on January home prices and an expected strong March from retailers
suggest Americans are cautiously perking up.
City Securities chief likes Tea Party
You know times have changed when the head of Indianapolis’ main investment bank can identify with the Tea Party movement.
Year-end growth spurt not likely to be repeated
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
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 state of the American Dream
A well-known pollster finds Americans are losing optimism about improving their lots. Are your odds better if you live in
Indianapolis?