For those concerned about the economy and jobs, Indiana seems to be staying on top of things. The Indy Star reports that Indiana has hit its lowest unemployment rate since September of 2001, by adding more than 5,000 jobs. This big jump helped to lower Indiana’s unemployment rate to 4.5%, which is down from last years 5.1%.
However, it’s not all good news. It appears we’ve lost quite a bit in the way of manufacturing jobs, to the tune of 9,400. “But some major manufacturers — such as Cummins, Rolls-Royce and Pfizer — are adding jobs.”
As for the future, it appears the state has struck deals with both Honda and Nestle to bring even more jobs in over the next couple of years. While our statistics don’t reflect those big hitters coming in yet, that can only mean good things for our slow real estate market as we should see some good changes in home buying and rising values coming soon.
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