Articles

National jobless rate hits 26-year high

The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.

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Sidewalk inspections help downtown get spiffed up for big events

They used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says
that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day
basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events
like the Final Four, the Indianapolis 500 and the Super Bowl.

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Worker productivity soars, labor costs plummet

Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years
in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession.

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Arts funding maintained in city budget proposal

The Indianapolis arts community is breathing a collective sigh of relief after learning that the city is not expected to reduce
its funding in 2010. The City-County Council will hear public comments tonight on Mayor Greg Ballard’s 2010 budget before
voting on it Sept. 21.

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HHGregg, other retailers await stimulus jolt

Appliance retailers are poised to take a page from the car dealership playbook in promoting a new government program offering
rebates on energy-efficient washers, refrigerators and air conditioners.

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ICVA: Stadium’s retractable roof worth the cost

Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof,
city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.

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