Indiana Having Historic Year For Job Growth

By November 16, 2017Uncategorized

Indiana has experienced a record-breaking year for economic development so far in 2017. With just a month left in the year, businesses across the state and around the world have committed to creating up to 28,846 new jobs in the coming years: the highest number of jobs since the Indiana Economic Development Corporation (IEDC) was established in 2005.

“Indiana’s pro-business environment continues to be heard around the world as Hoosier businesses grow and companies across the globe choose Indiana,” said Governor Eric J. Holcomb. “Today, we celebrate a record-breaking year, applauding the nearly 29,000 new Hoosier jobs that have been announced to-date in 2017. In 2018, we will take Indiana to the next level with an unwavering focus on the issues that matter most to Hoosiers and our state’s vitality.”

So far this year, the IEDC has secured 270 commitments from businesses across all industries to locate or grow in the state. Together, these companies plan to create 28,846 new positions at an average hourly rate of $27.38 or nearly $57,000 annually. This average wage is more than 27 percent higher than the state’s average wage of $21.52/hour and is higher than all previous annual average wages of jobs committed to the IEDC, including 2016’s record high of $25.43/hour. The IEDC’s largest announcements, based on the number of new jobs planned, are Infosys, UPS, Axiscades, HMD Trucking, Beijing West Industries (BWI), Toyota Motor Manufacturing of Indiana, Forest River, Knowledge Services and KAR Auction Services.

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