U.S. jobless rate tops 10 percent for first time since 1983
Nearly 16 million people can’t find jobs even though one of the the worst recessions in generations has apparently ended.
Economy
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MARCUS: The economic exorcism was successful
The damage done by the recession is still with us, even if the recession itself has ended. But sufficient evidence is available to suggest that the demon recession has left the nation’s economic body.
IU economists forecast tepid growth in 2010
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal
income of Hoosiers to grow slightly and the state to add 50,000 jobs.
Saturn’s loss, Byrider’s gain
J.D. Byrider, the Indianapolis chain of used-car lots, is courting Saturn dealers to come into the fold as Byrider franchisees.
Factory orders rose 0.9 percent in September
Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.
Greensburg manufacturer sold, jobs moving to Oklahoma
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
HICKS: Recession results in ‘great deleveraging’
On virtually every meaningful measure, this recession stacks up as only the third or fourth worst post-World War II recession, but its effects are much more profound in a few areas. One area that will be most apparent is the changes the economy has wrought on consumer credit.
Economy grows in 3Q, signals end of recession
The economy grew at a 3.5-percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.
U.S. set to declare recession over, but job pain will persist
The government will release figures this week expected to show that the economy has awakened from its deepest slump since
the 1930s. But the following week, the government will issue another set of figures expected to show unemployment continuing
to rise.
HICKS: Non-market valuation is an important planning tool
One of the more intriguing things economists are called upon to do is what is known as non-market valuation. This is a process for estimating a â??priceâ?? of something that isnâ??t typically bought or sold.
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.
Indiana insurance industry weathers hard times
Employment in Indiana’s insurance industry has remained stable despite a poor economy.
State jobless rate dips for third consecutive month
Unemployment in Indiana fell for the third consecutive month in September, bucking the national trend of rising jobless rates,
the Indiana Department of Workforce Development said Wednesday morning.
A harrowing tale of decline
Telling a story about a company and a union that both feared the future, and fought to a bitter draw.
Lockheed Martin planning Indianapolis layoffs
Maryland-based Lockheed Martin will idle 10 percent of the employees at its Indianapolis call center as a result of declining call volumes and “funding issues” that are cutting short a five-year federal contract worth a total of $80 million.
Another year of bank migration?
More than a year a year after the financial crisis began, businesses are still looking for new bank relationships.
Assessing the stimulus in Indiana
The preliminary numbers are out on the effect of the $787 billion federal stimulus on Indiana.
Taking Ostrom to Indiana forests
How rich that Elinor Ostrom, the Indiana University professor who won a Nobel prize for economics yesterday, got her nails
dirty researching how people in pockets of forests in undeveloped nations allocate their natural resources.
Survey: Manufacturers optimistic about economic recovery
Indiana manufacturers, many of which have suffered major job losses, are optimistic the economy will rebound next year,
according to an annual survey commissioned by Katz Sapper & Miller LLP.
Federal workers dodging layoffs
One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.