(image courtesy of Manufacturing courtesy of the Economic Development Corp of Elkhart County.)
ELKHART COUNTY -
U.S. Department of Labor data shows three Indiana cities have made some of the largest employment gains in the country since the end of the Great Recession. Bloomberg reports employment in the Elkhart-Goshen region increased by more than 41,300 jobs since 2009, the highest in the U.S. Kokomo was third overall and Columbus came in 13th. The numbers suggest unemployment in Elkhart-Goshen fell by nearly 14,000 over the last nine years.
The publication came up with the figures by determining the net change in employment and unemployed in each metropolitan area, then dividing those figures by labor force levels to rank the greatest level of improvement.
The top-ranked regions in the U.S. according to Bloomberg's analysis of labor department statistics are:
By Juan Gonzalez Central Indiana Market President, KeyBank
In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.
St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction.
An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...
Rose-Hulman Institute of Technology students now have another option when choosing a major. The Institute has added a engineering design major which is expected to offer a multidisciplinary experience. Students are enrolled to start the new program in the 2018-2019 school year.
General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...