Articles

State’s jobless rate ticks up

Indiana’s unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months,
the Indiana Department of Workforce Development said Friday morning.

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Carmel electric marketer planning expansion

Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.

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Layoff euphemisms

Corporations simply don’t like direct language, a Butler University professor says.

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UPDATE: Life science firm to add 100 jobs at Park 100

California-based life science firm Beckman Coulter Inc. is moving its precision plastics injection molding operation
to the Park 100 business park on Indianapolis’ northwest side, making what it calls a multimillion-dollar investment in the
operation.

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Have you hired a veteran today?

With Veterans Day upon us, we are reminded to thank a veteran for his or her service and to honor the memories of those
who fought for our country and did not come home. But in the business community, we can do more than that, all year long,
by bringing veterans into our organizations.

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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.

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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.

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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.

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Cummins recalling more workers to Indiana engine plant

Enginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.

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MARCUS: State’s long-term job deficit tops 800,000

Recently, I saw a newspaper story detailing the number and percentage of jobs lost over the past year for Indiana’s
metropolitan areas. This year-over-year story is appropriate, but it tends to hide the truth behind the numbers.

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