[r21] Indiana fosters job growth for Hoosiers (7/26/2012)

Thursday, July 26, 2012

Start Date: 7/26/2012 Start Time: 1:00 PM
End Date: 7/26/2012 End Time: 1:00 PM
My colleagues and I have worked diligently the past two legislative sessions to create an economic environment that fosters job growth for Hoosiers. Indiana became the 23rd Right to Work state in the nation this past session, and we have already seen more jobs come to Indiana as a result. 

Since the beginning of the year, Indiana has added 37,500 total private sector jobs led by 15,100 in manufacturing, according to the Indiana Economic Development Corporation (IEDC). For 2012, Indiana’s private sector gains gave doubled that of the nation. Our state has one of the best business climates in the country, and it is wonderful to see jobs coming to Indiana, even right here in north central Indiana. 

Earlier this month, Kiel NA, LLC, a German-based manufacturer of seating systems for the transportation industry, announced their plans to locate its first U.S. facility here in Elkhart, Ind. This is expected to create 62 new jobs by 2015. It’s great to see companies prospering locally in an environment with less regulations and more taxpayer- and business-friendly policies in place. Within the last year, Elkhart and St. Joseph Counties have seen an addition of over 900 jobs, which is a fantastic result of the hard work of entrepreneurs and private enterprise and good public policy.

Job growth isn’t just happening in Elkhart, but across the entire state. Earlier this year, Hoosier job growth was recorded as six times the U.S. average and accounted for roughly 12 percent of the nation’s increase. Though every job sector saw growth, the most notable growth was the manufacturing sector. Forty-seven companies have indicated to the IEDC that the new Right to Work law will factor into their location decision of a current project.
 
While we celebrate these numbers and view them as a result of the collaborative effort of many, our work is certainly not finished. These numbers are a fantastic start to what challenges remain ahead of us. The unemployment rate in north central Indiana is still hovering around nine percent, and that is too high. The Legislature will continue to work hard to foster job growth for Hoosiers and make Indiana an economic bright spot in the Midwest.

As always, please contact me with any questions, concerns and input by calling me at 317-234-3827 or emailing h21@in.gov.