More Hoosiers are working than at any time in the state’s 200-year history. Indiana, home to the RV industry’s building hub in Elkhart County, has set a new record employment level of 2,614,800 private sector jobs, according to the latest Bureau of Labor Statistics data released today by the Indiana Department of Workforce Development.
Since January 2013, Indiana has added 121,900 new jobs, averaging 3,900 new Hoosier jobs each month over the last two years. Additionally, the state’s unemployment rate decreased for the fourth consecutive month, now standing at 4.7%. This rate is the lowest amongst Indiana’s neighboring states as well as the national rate of 5.3%.
“Every Hoosier should be encouraged by the news that we have more people going to work than ever before in our state’s history,” said Indiana Gov. Mike Pence. “This achievement belongs to the hard-working people of Indiana and to the businesses, large and small, whose hard work and ingenuity achieved this historic milestone.
So far this year, the Indiana Economic Development Corporation is setting a record pace for economic growth, with more than 200 companies already committed to creating more than 17,000 new Hoosier jobs and investing more than $3 billion in their Indiana operations in the coming years. These jobs are expected to pay an average hourly wage of $25.86, which is a 15% increase from the agency’s projects in 2014 and tops both the current state wage and the national average wage.