A report from Ball State University and Conexus Indiana suggests the U.S. manufacturing industry has recovered from the recession and expects up to 150,000 job openings each year for the next decade. Center for Business and Economic Research Director Michael Hicks says Indiana has been leading the nation in key sectors for the last seven years.
Hicks says the report aims to address what he calls a myth that the country’s manufacturing might has dropped off over the last few decades. He says, since the end of the recession in 2009, the economy has added about 750,000 manufacturing jobs.
The researchers say the large number of openings are due in part to baby boomer retirements, and often pay above the national average wage. According to the report, recent new hire salaries averaged just over $20 per hour, or almost $42,000 per year.
To view the report, entitled “The Myth and the Reality of Manufacturing in America,” and the state-by-state report cards click here.