Indiana ranked just 37th among states for both its advanced-sector and whole-economy annual IT investment per employee.
Within the state’s advanced industries, advanced services have seen increased productivity, but Indiana is just 41st in the nation in advanced services employment.
The state’s recent (pre-pandemic) employment growth was stronger than our neighbors, but like our neighbors, Indiana’s employment growth lagged the nation.
Among all states, Indiana has the lowest share of employees working at new firms as well as more older firms than young firms—a trend that runs opposite to the country as a whole.
Like all states, Indiana has too few good jobs, with only 42% of Hoosier workers holding a job that provides a regionally adjusted, family-supporting wage and employer-sponsored health insurance.
The ability to secure a good job may be limited by educational attainment, and Hoosiers tend to overvalue a high school diploma and undervalue a four-year college degree.
A skilled workforce—and a growing population more generally—is needed to ensure a growing and dynamic economy in the years ahead.