You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Philips loses $467 million patent suit to US competitor
     AMSTERDAM – Royal Philips NV says it will book a $467 million charge in the third quarter after losing a patent lawsuit to smaller U.S. competitor Masimo Corp.
  • Barra shares plan to renew GM
    MILFORD, Mich. – General Motors CEO Mary Barra told investors Wednesday that GM plans a raft of new models and a big push to sell more cars in China to drive profits in coming years, as the biggest U.S.
  • General Mills to cut workforce
    General Mills plans to cut about 700 to 800 jobs, the second time it has trimmed its workforce in a month as the food company adjusts to a shift by U.S.
Advertisement

Area jobless rate declines for 2nd month

Unemployment in metropolitan Fort Wayne declined for the second consecutive month in March with an 8.8 percent jobless rate, state officials said Friday.

The results are better than February’s 8.9 percent showing, according to preliminary data from the Department of Workforce Development. Metro Fort Wayne is composed of Allen, Whitley and Wells counties.

Indiana, however, saw no change in the number of Hoosiers out of work in March, with a seasonally adjusted rate of 8.7 percent.

“The Hoosier State has more manufacturing jobs as a percentage of our private sector than any other state in the U.S. and we continue to experience real, tangible proof of sustained growth and propensity for expansion potential,” Scott Sanders, commissioner of the department, said in a statement.

For more on this story, see Saturday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Saturday.

pwyche@jg.net

Advertisement