Indiana’s Labor Market
Clark and Floyd Counties are part of a seven-county Southern Indiana region that comprises what the Indiana Department of Workforce Development considers a “Labor Market.”
According to a study conducted by Advanced Medical Technology Association, an estimated 15,548 Indiana residents are working in the medical technology field, Indiana is among the top 10 states in the nation for number of workers in the medical technology field, wages and new jobs created to support the industry, ranking the state eighth in terms of actual employment and fifth in terms of the field’s share of the state’s overall employment, at 1.9 percent.
Employers in the region have a competitive advantage because wage rates are generally lower than other regions of the country, as well as those in the metropolitan area of Louisville. These rates still allow for a high quality of life for our workers, who bring traditional values and outstanding work ethics, as the cost of living in the region is proportionately less.
Click the links below to learn more about how institutions are helping to grow and train the region’s workforce.