Indiana Q2, 2019 Employment Statistics

  • 167,705 employers, down 0.2% from 168,090
  • 3,083,894 employees, up 0.8% from 3,061,241
  • $910 average weekly wage, up 3.1% from $883
  • The average weekly wage is 16.9% below the national average
  • The cost of living is 10.0% below the national average

Employer & Employee Growth

In the last year, the number of employers in the state declined by 385, which is a decrease of 0.2%. The number of employees in Indiana increased by 22,653, an increase of 0.8%. During this same period, the average weekly wage increased by $27, an increase of 3.1%.

The number of private employers decreased since last years' Q1. The number of private businesses declined by 391 or 0.2%. Growth in private businesses in Indiana grew slower than the national average of 2.9%. The number of employees in these businesses increased since last years' Q1, increasing by 26,244 or 1.0%. The growth in employees of private businesses in Indiana was slower than the national average of 1.4%.

The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $25 or 2.8%. Growth in average weekly wage of employees of private businesses in Indiana grew slower than the national average of 3.8%.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Retail trade with 12.2% of the businesses in the state. The number of businesses in this sector increased by 0.4%. Professional services (11.5%), which increased by 2.8% and Construction (9.2%), which increased by 1.3%, round out the 3 largest sectors.

Table: Sectors by Year-over-Year Qtly Business Change %
SectorChange Biz% Change
Information1798.5%
Transport and warehousing3075.3%
Manufacturing3884.4%
Real estate and rental2864.4%
Healthcare5253.8%
Arts and entertainment642.8%
Professional services5182.8%
Agriculture and forestry442.3%
Finance and insurance2342.3%
Educational services371.9%
Waste services1361.4%
Accommodation and food services1671.3%
Construction2001.3%
Utilities61.3%
Retail trade760.4%
Mining and oil extraction-2-0.6%
Other services-137-1.0%
Company management-37-2.8%
Wholesale trade-479-3.4%


Employees by Sector

The sector with the greatest number of employees in the state is Manufacturing with 17.6% of the employees in the state, had an increase in employees of 0.3% in the last year. Healthcare (13.4%), increased by 1.2% and Retail trade (10.3%), decreased by 1.2%, round out the top 3 sectors.

Table: Sectors by Year-over-Year Qtly Employee Change %
SectorEmployee Change% Change
Construction5,5353.9%
Real estate and rental1,3543.8%
Professional services4,1173.5%
Educational services1,6013.1%
Transport and warehousing4,1433.1%
Agriculture and forestry4212.8%
Wholesale trade3,2652.7%
Healthcare5,0361.2%
Accommodation and food services3,1221.1%
Finance and insurance1,1291.1%
Other services8671.0%
Company management3240.9%
Arts and entertainment1670.4%
Manufacturing1,7910.3%
Waste services-1,350-0.7%
Utilities-170-1.2%
Retail trade-4,010-1.2%
Information-705-2.4%
Mining and oil extraction-199-3.3%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Utilities paying $1,875per week compared with the state average of $910. Weekly wages in this sector rose by $65 or 3.6%. Company management ($1,736), rose by $46 or 2.7% and Mining and oil extraction ($1,477) increased by $141 or 10.6% round out the 3 largest sectors.

Table: Sectors by Year-over-Year Weekly Wage Change %
SectorWage ChangeChange %
Mining and oil extraction$14110.6%
Information$615.4%
Waste services$304.8%
Accommodation and food services$123.8%
Retail trade$203.7%
Utilities$653.6%
Healthcare$323.5%
Transport and warehousing$293.3%
Other services$203.3%
Construction$292.7%
Real estate and rental$222.7%
Company management$462.7%
Finance and insurance$302.3%
Professional services$282.2%
Wholesale trade$211.7%
Manufacturing$191.7%
Agriculture and forestry$81.1%
Arts and entertainment$20.4%
Educational services$00.0%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Indiana. the industry with the most businesses is Restaurants and other eating places with 6.3% of the businesses in the state (with 10,532 employing 229,179 workers). The Restaurants and other eating places industry had 129 more businesses, an increase of 1.2% in the last year. Computer systems design and related services (2.7% of businesses) added 53 businesses, an increase of 1.2% and Management consulting services (2.2% of businesses) added 277 businesses, an increase of 8.3% round out the 3 industries with the most businesses.

Table: Top 7 Industries by Business Change %
IndustryBusiness Chg% Change
Trusts estates and agency accounts40266.7%
Health and welfare funds6200.0%
Small electrical appliance manufacturing375.0%
Monetary authorities - central bank266.7%
Other credit intermediation activities7452.5%
Construction machinery manufacturing850.0%
Printing ink manufacturing250.0%


Table: Top 7 Industries by Business Change #
IndustryBusiness Chg% Change
Management consulting services2778.3%
Offices of real estate agents and brokers1608.8%
Services for the elderly and disabled15131.7%
Restaurants and other eating places1291.2%
General freight trucking long-distance914.7%
Nursing care facilities skilled nursing8516.6%
Other insurance related activities8018.3%


Employees by Industry

Computer systems design and related services (2.7% of employees) added 53 employees, an increase of 1.2% and Management consulting services (2.2% ofemployees) added 277 employees, an increase of 8.3% round out the 3 industries with the most employees.

Table: Top 7 Industries by Employee Change %
IndustryEmp Chg% Change
Cable and other subscription programming29151.4%
Footwear merchant wholesalers73143.3%
Small electrical appliance manufacturing7082.7%
Food crops grown under cover2568.4%
Farm product warehousing and storage4865.9%
Construction machinery manufacturing33661.6%
Broilers and meat type chicken production1056.2%


Table: Top 7 Industries by Employee Change #
IndustryEmp Chg% Change
Restaurants and other eating places2,4901.1%
General warehousing and storage2,3726.0%
Computer systems design and related services2,1217.9%
Pharmaceutical and medicine manufacturing1,67510.0%
Landscaping services1,3307.9%
Colleges and universities1,3215.2%
Offices of physicians1,0001.8%


Average Weekly Wage by Industry

The industry that pays their employees the most is Trusts estates and agency accounts, paying $5,498 compared with the state average of $910. Employees in the Trusts estates and agency accounts industry were paid $4,899 more per week, an increase of 817.9% in the last year. Investment banking and securities dealing ($3,244) and Software publishers ($2,392) round out the top 3 industries. Employees in the Investment banking and securities dealing ($3,244 per week) were paid $35 more per week, an increase of 1.1% and Software publishers ($2,392 per week) were paid $322 more per week, an increase of 15.6% round out the 3 industries that pay their employees the most.

Table: Top 7 Industries by Wage Change %
IndustryWkly Chg% Change
Trusts estates and agency accounts$4,899817.9%
Securities and commodity exchanges$1,137147.5%
Shoe stores$28481.6%
Political organizations$36455.2%
News syndicates$55853.6%
Credit card issuing$61641.9%
Directory and mailing list publishers$39835.2%


Table: Top 7 Industries by Wage Change $
IndustryWkly Chg% Change
Trusts estates and agency accounts$4,899817.9%
Securities and commodity exchanges$1,137147.5%
Credit card issuing$61641.9%
News syndicates$55853.6%
Commodity contracts dealing$45835.0%
Directory and mailing list publishers$39835.2%
Political organizations$36455.2%


Company Size

Indiana Businesses by Size

The solopreneur company, has the most businesses in Indiana. 54.9% of all businesses in the state have fewer than 5 employees. The 154,732 small businesses in the state represent 94.3% of all private businesses. The national average is 92.4%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Indiana added 2,574 businesses in the last year, an increase of 1.6% as compared to the national average of 3.0%.

Small businesses are defined as companies with fewer than 50 employees. These small businesses added 2,452 businesses in the last year, which is an increase of 1.6% as compared to the national average of 3.1%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 107 businesses in the last year, which is an increase of 1.2% as compared to the national average of 1.3%.

Large businesses are defined as companies with more than 500 employees. These large businesses added 15 businesses in the last year, which is an increase of 3.5% as compared to the national average of 2.1%.



Indiana Employees by Business Size

Indiana added 132,422 employees in the last year, an increase of 5.3% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 74,795 businesses in the last year, which is an increase of 93.6% as compared to the national average of 4.2%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 15,269 employees in the last year, which is an increase of 1.5% as compared to the national average of 4.7%.

Large businesses are defined as companies with more than 500 employees. Large businesses added 42,358 employees in the last year, which is an increase of 8.7% as compared to the national average of 9.2%.

Indiana Avg Weekly Wages by Business Size

Indiana workers in every size business are paid less than the national average. The smallest companies in Indiana (those with fewer than 5 employees) pay workers 3.0% less than the national average ($976 per week as compared to the national average of $1,005 per week). The largest companies in Indiana (those with more than 1,000 employees) pay 22.7% workers below the national average ($1,559 per week as compared to the national average of $1,913 per week).

Average weekly wages in small businesses added $42 per week in the last year, which is an increase of 1.3% as compared to the national average of 3.1%. Employees of mid-sized businesses added $28 in wages per week in the last year, which is an increase of 1.0% as compared to the national average of 1.3%.

Employees of large businesses added $21 of weekly wages in the last year, which is an increase of 0.8% as compared to the national average of 2.1%.

Top Industries for Business and Employment

The table below illustrates the largest industries in the state, by number of businesses:

Table: Top 10 Industries by # of Businesses
Industry# Businesses% Change
Restaurants and other eating places10,5321.2%
Computer systems design and related services4,5131.2%
Management consulting services3,6268.3%
Residential building construction3,4281.4%
Insurance agencies and brokerages3,228-0.3%
Wholesale trade agents and brokers2,914-16.1%
Offices of physicians2,490-1.9%
Gasoline stations with convenience stores2,4891.4%
Offices of lawyers2,487-0.5%
Landscaping services2,3061.2%


The table below illustrates the largest industries in the state, by number of employees:

Table: Top 10 Industries by # of Employees
Industry# Employees% Change
Restaurants and other eating places229,1791.1%
General medical and surgical hospitals115,7690.7%
Temporary help services78,742-3.8%
General merchandise stores including warehouse clubs and supercenters57,167-1.2%
Offices of physicians55,0141.8%
Nursing care facilities skilled nursing46,9760.2%
Motor vehicle body and trailer manufacturing42,472-5.1%
General warehousing and storage41,9946.0%
General freight trucking long-distance36,3370.8%
Supermarkets and other grocery stores35,964-1.2%


The table below illustrates the largest industries in the state, by highest wages:

Table: Top 10 Industries by Weekly Wage
IndustryWkly Wages% Change
Trusts estates and agency accounts$5,498817.9%
Investment banking and securities dealing$3,2441.1%
Software publishers$2,39215.6%
Securities brokerage$2,387-0.2%
Pharmaceutical and medicine manufacturing$2,2354.1%
Computer and software merchant wholesalers$2,2196.6%
Druggists' goods merchant wholesalers$2,1812.5%
Pipeline transportation of crude oil$2,148-0.9%
Monetary authorities - central bank$2,1390.0%
Refined petroleum product pipeline transport.$2,1261.8%




Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.