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Indiana Receives Record Number Of Job Commitments

More than 260 companies made job commitments in 2013 worth more than $2 billion.

geico

Photo: Office of the Governor

Gov. Mike Pence speaks at a Geico jobs announcement in March.

Governor Mike Pence announced Wednesday the Indiana Economic Development Corporation has secured job commitments with a record 261 companies this year.

The job commitments made in 2013, worth more than $2 billion to Indiana’s economy, are expected to create more than 21 thousand jobs in the state over the next several years.

The expected jobs will pay a higher wage than the state average, which is $20 an hour.

The state is spending money to earn the job commitments via incentives such as tax credits, abatements and grants. But Pence says that money is being well spent.

“The overwhelming majority of incentives the state of Indiana provides to businesses to invest and to grow in Indiana are based on when the jobs actually arrive,” he says.

House Minority Leader Scott Pelath says the state still isn’t doing enough to help working class Hoosiers.  He points out that Indiana’s per capita and median household incomes are below the national average, while the state’s unemployment rate is higher than the national average.

Brandon Smith, IPBS

Brandon Smith, IPBS has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO, and at WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.

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  • HoosierMommy

    How is it that the “average” wage in Indiana is $20 per hour? When I look at jobs advertised online and in the paper, or through the temp agencies, most of the jobs are in the $10 – 12 range (if they in include a pay rate, at all). $15 an hour is a real attention – grabber. I’m thinking the median wage might give a more accurate picture re: what Hoosiers really earn.

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