Articles

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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University Loft plans 30 jobs in Greenfield

Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to
a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal
furniture for the Marine Corps’ Camp Lejeune base in North Carolina.

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Economy pushes executives into small firms

In the recession, folks with former big-company careers
are increasingly taking jobs with small businesses. For some downsized executives, it’s about the desperate need for
a paycheck. Others, who felt impotent and pigeonholed in corporations, discover they prefer the challenge of entrepreneurship.

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