Recession forces Shelby County’s largest employer to cut workers
Knauf Insulation is cutting 11 percent of its work force in Shelbyville as the recession prolongs the housing downturn that
began two years ago.
Employment
Articles
Kite drops about 10 percent of its staff as retail market flounders
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
How can we lure high-paying jobs?
Industries want to be where they get high output per dollar spent on compensation for workers — wages, salaries and benefits.
Steepest job losses of recession are occurring now
Ball State University’s Indiana econometric model predicts that earnings in all of Indiana’s
major economic sectors except health care will decline in the next three months.
Hamilton County businesses expand
Despite the recession, Hamilton County continues to enjoy economic growth from both old companies and new ones.
Indiana should brace for auto fallout
The Big Three and the United Auto Workers do not appear to be serious about making the concessions and changes that are necessary
to make them a viable entity for the long haul.
Worst auto market in 30 years might force consolidation
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
Y&L ad firm making ‘significant’ staff cuts
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account.
Indiana’s current recession may be less severe than 1982’s
With a growing labor market in Indiana, it would seem this recession, thus far, is an economic shock that may be of shorter
duration and severity than the 1982 decline.
Chamber launches biz networking online site
The Greater Indianapolis Chamber of Commerce has launched an online business networking site called Indylink.com.
Name change, consolidation streamlines company mission
The corporate name change to ‘That’s Good HR’ strengthens the identity of staffing firm.
Siegel’s NASCAR future in doubt after merger
Chip Ganassi’s NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
Changes in public policy don’t get at root of poverty
The fixes for poverty, and low-wage workers, are hard, deliberate and done family by family. This is why the cost of the welfare
program reforms implemented in 1996 didn’t plummet with lower enrollment.
Obama win buoys backers of pro-union measure
Proposed national legislation that simplifies business unionization is more likely to be adopted during the Obama administration,
experts agree.
Local startup offers ‘virtual’ resume management
In September, Jeff Bockelman launched CareerScribe LLC, a local Web forum where users can "virtually" manage their
resumes.
Retiring baby boomers create openings for new grads
Students donning caps and gowns this May will find jobs aplenty, college career officers and others say. Some industries–like
health care, accounting, engineering, computer science and sales–are more flush with jobs than others. But students receiving
liberal arts degrees also are in high demand because of their well-rounded education.