Indiana workforce development: Key facts
Posted On July 4, 2021
Indiana has more than 11,000 workers who are unemployed or underemployed, according to the Indiana Employment Development Department.
Indiana is one of the states with the highest rate of undereMployment.
The state has the highest percentage of people in their prime working years who have been underemanded.
“We’re the third largest workforce in the country, and we’re the fastest growing economy in the nation, but the workforce is still not growing,” said Scott Stutz, a senior policy adviser at the National Association of Manufacturers.
“So we need to be making sure that we’re working on the right ideas that are creating the right opportunities for Indiana businesses.”
Indiana is trying to create jobs through new workforce development initiatives.
Indiana Governor Eric Holcomb has proposed legislation that would create more than 1,500 new jobs for businesses by 2019.
Indiana has already added more than 40,000 jobs since Holcomb took office in December 2014.
The legislation includes a new $100,000 grant program to encourage businesses to create more jobs.
New legislation would create 500 new jobs to be created through the Indiana Economic Development Corporation, which would be administered by the state Department of Employment and Economic Development.
The bill also creates a new state-based workforce development office, which will be funded through the General Fund.
The department would also provide $3 million for new workforce training, apprenticeship training, and job placement programs.
The Department of Labor will also contribute $250,000 to a statewide economic development fund.
The bill also includes new worker education and training grants for businesses, as well as $10 million in grants for local business owners to help them attract workers.
The proposal is expected to pass the General Assembly.
State leaders have said the state is well positioned to attract more than 2 million workers by 2022.
Indiana also has the largest share of the nation’s manufacturing workforce and the largest proportion of manufacturing jobs in the state, according the Indiana Manufacturing Council.