By Michael Hicks Guest Columnist The past several months ushered in unprecedented changes in economic activity. By the end of May, roughly one in four workers were unemployed and many sectors of American commerce ground to a virtual stop. The previous high of unemployment was registered at 25.5 percent in the summer of 1933, the …read more.

Ball State economist Michael Hicks says any enthusiasm over February’s employment summary would show just how low our expectations have become in this recovery. The Labor Department reported this morning that the unemployment rate fell to 7.7 percent, the lowest since December 2008, as 236,000 jobs were created last month. “The good news was that …read more.

INside Indiana Business The release of employment figures for May 2012 coupled with Europe’s rising debt crisis marks a clear indicator that the United States is either in — or at the precipice of — another cyclical downturn. The U.S. Department of Labor said today that 69,000 jobs were created in May, falling short of …read more.