
It’s no secret that the United States’ economy is less than perfect. However, even in the midst of economic turmoil, Indiana still offers a variety of benefits when it comes to business. As a result, both business owners and job seekers can find reasons to set up shop in this state. Below are some of the advantages of living and working in Indiana.
A Low Unemployment Rate
- According to a Ball State University economist, Indiana was responsible for creating 1 of every 8 new jobs in the United States during the month of April.
- The rapid job creation caused the unemployment rate in Indiana to drop dramatically. In fact, the unemployment rate in the state is lower than anyone predicted for this point in the year.
- Long-term estimates of unemployment rates in Indiana are optimistic. It is expected that the unemployment rate in this state will continue to drop as more jobs are created.
Because there are so many new jobs available in Indiana, job seekers can greatly increase their chances of finding work by searching within this state. Entrepreneurs can also benefit from this trend by establishing businesses in an area that is already bustling with innovation and economic activity.
Promotion and Availability of Green Technology
- Indiana has quickly become a preferred location for companies working to create green technologies.
- According to The Pew Charitable Trust, sustainable energy jobs in Indiana grew by 18 percent in the last decade, which was almost double the rate in the rest of the country.
- Indiana is also home to THINK, a leading manufacturer of electric vehicles; and EnerDel, a manufacturer of lithium-ion batteries and energy storage systems for green vehicles.
- The American Wind Energy Association named Indiana as one of the leading states in the field of wind energy.
The use of green technology not only creates jobs for workers, but it also provides benefits to area businesses. Entrepreneurs who establish their businesses in Indiana can use the green technologies available to improve their reputation among consumers and decrease their operational costs.
Leadership in Life Sciences
- According to BioCrossroads and Battelle, Indiana is one of the leading states in the nation when it comes to life science-related FDA filings, job creation, employment and exports.
- More than 1,000 businesses in the life science industry operate within the state.
- Indiana is also home to the second largest medical school in the nation: the Indiana University School of Medicine.
The popularity and success of the life sciences industry in Indiana results from collaboration among government organizations, academic institutions and businesses. This thriving industry is continuously creating new jobs and opportunities for economic growth within the state.
The recent economic downturn has been hard on everyone, but it has been especially difficult for business owners and the unemployed. In spite of these obstacles, Indiana’s dedication to green technology, focus on life sciences, and relatively low unemployment rate make it one of the best states for entrepreneurs and job seekers alike.





