Arcadia Resources Inc. is planning a $3.9 million expansion of its Indianapolis headquarters and pharmacy operations, the
company said Thursday morning, confirming that it plans to add as many as 930 jobs by 2013.
Employers, encouraged by a recovering economy, are hiring again. But they are not doing it at the level needed to reduce the
jobless rate.
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.
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.
The Indiana Department of Workforce Development last year identified $3.9 million in unemployment fraud.
The Labor Department said Thursday that first-time claims increased by 18,000 in the week ending April 3, to a seasonally
adjusted 460,000.
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.
The state’s jobless rate has been either 9.8 percent or 9.7 percent the past four months.
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 Indiana General Assembly finally adjourned its 2010 legislative session early Saturday with deals including a one-year
delay on unemployment insurance tax increases and aid for schools reeling from state budget cuts.
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator.
The state’s unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported
in December.
The Labor Department figures suggest the job market is slowly healing but that significant hiring has yet to occur.
New claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.
The economy is as good or better in Hendricks County than anywhere else in the Indianapolis area.
Coping with wintery blasts is made easier by advancements in work-from-home technology. But different kinds of companies have
different policies when it comes to giving employees the option to telecommute or blow off the workday altogether.
Programs will bolster job opportunities for some 1,700 Indiana workers in sectors including health care and advanced manufacturing.
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official.
Whether to delay increases in taxes that employers pay to Indiana’s unemployment insurance fund is becoming a
contentious issue in the General Assembly.
Kmart’s announcement that it will close its store in Connersville in May will put 59 employees out of work. Fayette County,
where the city is located, already is strapped by steep job losses.
