Hoosiers, on average, saw their earnings increase 19 percent from 2000 to 2005, although job growth overall grew only 0.2 percent, according to a report by the Indiana Business Research Center at Indiana University’s Kelley School of Business. Nationally, average earnings grew by 17.5 percent.
Indiana added 7,300 jobs in the first half of the decade, according to the report. Several reasons were given for why the earnings increase did not coincide with job growth. For one, while low-paying jobs are disappearing, jobs that pay more are increasing. Also, when manufacturers cut jobs, they typically eliminate employees with the least seniority.
Hamilton County added the most jobs-36,500-during the five-year period. But the county was second in terms of percentage growth; at 33 percent, it was behind Hancock County’s 44-percent increase in jobs. Marion County had the largest number of jobs lost, at 38,900. Overall, 54 counties lost jobs over the period, while 38 gained.