Consumer confidence up in December
The rise was fueled by a long-term outlook on jobs that reached its highest level in two years, but the reading of 52.9 is
still far short of the 90 that would signify a solid economy.
The rise was fueled by a long-term outlook on jobs that reached its highest level in two years, but the reading of 52.9 is
still far short of the 90 that would signify a solid economy.
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous
week.
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
An Ohio manufacturing company plans to spin off its machining and fabrication operations and set up shop in northeast Indiana,
creating 111 jobs by 2014, state economic development leaders said Tuesday evening.
Automotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
The U.S. Census Bureau says it will recruit about 45,000 people across Indiana to work as census takers for the 2010 Census.
The Labor Department said the economy shed only 11,000 jobs last month, a vast improvement from October’s revised total of
111,000.
The U. S. Commerce Department said productivity rose at an annual rate of 8.1 percent in the third quarter, the biggest jump
since 2003.
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs
by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
California-based WindStream Technologies Inc. plans to locate a development and production facility at Purdue Research Park
of Southeast Indiana, creating more than 260 jobs by 2012.
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
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.
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.
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.
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.
Schott North America plans additional production at its southern Indiana factory after winning a contract to make specialty
glass for military vehicles.
With no end in sight to the country’s job market woes, the U.S. House has agreed to give the jobless in a majority of states,
including Indiana, another 13 weeks of unemployment insurance benefits.
Indiana’s unemployment rate in August fell below double digits for the first time since April, the Indiana Department of Workforce
Development said this morning, but the decline could just be a blip.
The mammoth facility near Indianapolis International Airport now employs as many people as it did when United Airlines abandoned it
six years ago, but its new tenants are contending with struggles of their own.