The national unemployment rate held steady at 9.7% in February. However, a Purdue economist predicts that it will be three to four years before employment falls to pre-recession levels.
[Purdue economist Larry] DeBoer said consumer spending in the United States is being held back by the 10 percent unemployment rate. The economy grew 5.9 percent in [...]

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Dow AgroSciences announced plans yesterday for a multi-year expansion of its global headquarters in northwest Indianapolis. The company will invest more than $340 million and add more than 550 scientific and commercial jobs over the next five years.
The first phase in the multi-year expansion plan includes the construction of a 175,000-square-foot research and development building, [...]

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Medline Industries Inc., an Illinois-based manufacturer and distributor of medical equipment and supplies, has established a distribution center in Plainfield, creating 50 new jobs.
The company, which produces and distributes health care supplies and equipment to hospitals, nursing homes, home health providers and surgery centers, has leased a 180,000 square-foot facility near the Indianapolis International Airport.

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