July 2006 InContext

TABLE 2: HOOSIER HOT 50 JOBS BY SECTORMedical (21)Rank Occupation1 Registered Nurses5 Dental Hygienists22Surgical Technologists70 34,54625262835Occupational TherapistsChemistsRadiologic Technologists and TechniciansPhysical Therapist Assistants50409040 52,255 73,423 39,747 38,536Degree and/or Training RequiredAssociate DegreeAssociate DegreeWork Experience plusBachelor’s or Higher DegreeFirst Professional DegreeBachelor’s DegreeAssociate DegreeMaster’s DegreePostsecondary VocationalTrainingBachelor’s DegreeBachelor’s DegreeAssociate DegreeAssociate Degree36Medical and Clinical Laboratory Technologists70 42,233Bachelor’s Degree3841Speech-Language PathologistsClinical, Counseling and School Psychologists5040 50,348 53,952Master’s DegreeMaster’s DegreeActive Listening, Reading Comprehension, Service OrientationScience, Complex Problem Solving, Reading ComprehensionActive Listening, Speaking, Reading ComprehensionActive Listening, Reading Comprehension, Time ManagementQuality Control Analysis, Equipment Maintenance, ReadingComprehensionInstructing, Speaking, Active ListeningActive Listening, Reading Comprehension, Writing42Cardiovascular Technologists and Technicians30 33,632Associate DegreeActive Listening, Reading Comprehension, Instructing40 31,966Master’s DegreeActive Listening, Social Perceptiveness, Service Orientation40 32,053Master’s DegreeActive Listening, Social Perceptiveness, Critical Thinking406040 36,836 29,371 34,989Bachelor’s DegreeAssociate DegreeAssociate DegreeActive Listening, Writing, Reading ComprehensionReading Comprehension, Active Listening, SpeakingScience, Reading Comprehension, InstructingActive Learning, Reading Comprehension, Complex ProblemSolving6Medical and Health Services Managers160 62,2449151821PharmacistsPhysician AssistantsRespiratory TherapistsPhysical Therapists120309070 78,859 61,380 40,699 60,326Computer, Science and Engineering(10)Social Services/Government (4)Education (4)Active Listening, Reading Comprehension, Critical ThinkingActive Listening, Speaking, Reading ComprehensionActive Listening, Active Learning, SpeakingActive Listening, Instructing, Reading ComprehensionActive Listening, Instructing, Time ManagementActive Listening, Active Learning, Critical Thinking4647484Computer Systems Analysts220 59,296Bachelor’s Degree7Computer and Information Systems Managers120 76,057Work Experience plusBachelor’s or Higher DegreeReading Comprehension, Critical Thinking, Active Listening11Computer Software Engineers, Systems Software100 62,380Bachelor’s DegreeComplex Problem Solving, Technology Design, Troubleshooting12Computer Software Engineers, ApplicationsNetwork Systems and Data CommunicationsAnalysts110 67,696Bachelor’s Degree70 54,357Bachelor’s DegreeProgramming , Critical Thinking, Complex Problem SolvingEquipment Selection, Troubleshooting , Complex ProblemSolving17Network and Computer Systems Administrators100 50,989Bachelor’s DegreeReading Comprehension, Troubleshooting , Active Listening193031Computer Support SpecialistsEnvironmental EngineersDatabase Administrators1403050 36,676 55,277 50,023Troubleshooting , Reading Comprehension, Critical ThinkingReading Comprehension, Active Listening, Critical ThinkingActive Learning, Troubleshooting , Critical Thinking50Surveying and Mapping Technicians30 30,170Associate DegreeBachelor’s DegreeBachelor’s DegreePostsecondary VocationalTraining8Police and Sheriff’s Patrol Officers200 37,690Long-Term On-the-Job-TrainingJudgment and Decision Making, Active Listening, CriticalThinking70 48,217Bachelor’s DegreeReading Comprehension, Service Orientation , Active Listening45Business (5)Top Three SkillsActive Listening, Reading Comprehension, Critical ThinkingActive Listening, Speaking, Reading ComprehensionSubstance Abuse and Behavioral DisorderCounselorsMental Health and Substance Abuse SocialWorkersMedical and Public Health Social WorkersMedical and Clinical Laboratory TechniciansBiological Technicians44Legal/Construction/Production/Repair (6)Average AnnualGrowthWage1,170 46,242160 52,41014Mathematics, Active Listening, Active Learning33Employment, Recruitment and PlacementSpecialistsChild, Family and School Social Workers100 31,040Bachelor’s DegreeSpeaking, Active Listening, Monitoring43Social and Community Service Managers50 40,127Bachelor’s DegreeActive Listening, Social Perceptiveness, Speaking32Teachers, Elementary and Kindergarten(Including Special Education)Teachers, Secondary (Including SpecialEducation)Education Administrators, Elementary andSecondary School580 42,845Bachelor’s DegreeInstructing , Learning Strategies, Monitoring380 43,717Bachelor’s DegreeInstructing , Learning Strategies, Monitoring80 73,20529Education Administrators, Postsecondary40 57,88713Sales Managers100 84,33120233739Bill and Account CollectorsPersonal Financial AdvisorsPublic Relations SpecialistsTraining and Development Specialists130507070 28,040 55,108 37,964 41,758Work Experience plusBachelor’s or Higher DegreeWork Experience plusBachelor’s or Higher DegreeWork Experience plusBachelor’s or Higher DegreeShort-Term On-the-Job-TrainingBachelor’s DegreeBachelor’s DegreeBachelor’s Degree10Lawyers120 81,128First Professional Degree24Paralegals and Legal AssistantsHeating, Air Conditioning and RefrigerationMechanics and InstallersAssociate DegreeLong-Term On-the-Job-Trainingand/or ApprenticeshipPostsecondary VocationalTrainingLong-Term On-the-Job-Trainingand/or ApprenticeshipModerate-Term On-the-JobTraining23162780 36,050100 37,699100 28,74234Legal Secretaries40Cement Masons and Concrete Finishers90 34,08649Chemical Equipment Operators and Tenders60 30,798Active Listening, Reading Comprehension, MonitoringActive Listening, Reading Comprehension, Critical ThinkingActive Listening, Speaking, MathematicsActive Listening, Speaking, Reading ComprehensionActive Listening, Speaking, MathematicsWriting, Critical Thinking, Reading ComprehensionActive Listening, Speaking, Time ManagementReading Comprehension, Judgment and Decision Making,WritingSpeaking, Time Management, Active ListeningTroubleshooting, Repairing, Active ListeningReading Comprehension, Active Listening, Time ManagementCoordination, Mathematics, Active ListeningOperation and Control, Operation Monitoring, Quality ControlAnalysisSource: Indiana Department of Workforce DevelopmentJuly 2006 www.incontext.indiana.edu incontext3

Indiana’s Economy Still Growing, but More SlowlyMany observers wereencouraged by recent reportsthat the U.S. economy grewat an annual rate of 3.5 percent in2005, though the national growth ratewas down somewhat from the prioryear’s 4.2 percent. The growth rate ofIndiana’s economy, however, while stillpositive, slowed to 46th in the nation,according to new figures released bythe Bureau of Economic Analysis(BEA).These conclusions are based onpreliminary estimates of gross stateproduct (GSP), the most comprehensivemeasure of a state’s overall economicactivity. The BEA produces estimateseach year for total state GSP, followedsome months later by estimatedbreakouts of GSP by industry.Indiana’s real GSP in 2005 wasestimated at 214.1 billion, up 1.1percent from 2004 (expressed in 2000dollars to account for inflation). Thismodest growth allowed Maryland(which grew by 3.7 percent) to surpassIndiana to claim the 15th largesteconomy in the nation, with theHoosier state dropping to 16th.TABLE 1: TOTAL REAL GSP (MILLIONS OF 2000 DOLLARS), MIDWESTERN STATES, 2000 TO 2005GeographyUnited 2,166115,492118,246121,738124,534Source: IBRC, using Bureau of Economic Analysis dataeconomies have grown somewhat inOverall, the Great Lakes region wassubsequent years (except for Michiganthe slowest-growing part of the nationin 2004), even though the growth ratesin 2005, averaging only 1.3 percentvaried significantly across the states.GSP growth over 2004. Table 1 showsIndiana’s growth ratereal GSP for Indianaled the region in 2002and nearby states asIndiana’s real GSP inthrough 2004, but itswell as the United2005wasestimatedgrowth fell behindStates from 2000at 214.1 billion, upKentucky, Illinois andthrough 2005, and1.1 percent from 2004Wisconsin in 2005.Figure 1 indicates(expressed in 2000dollars to account forFigure 2 puts thethe percentage byinflation).cumulative effects ofwhich these figuresthese changes intochanged each year.perspective, depictingSeveral Midwesternthe cumulative change in GSP sincemanufacturing states, including Indiana,2001 for Indiana relative to nearbywere seriously rocked by the recessionstates and the United States. The valuesand experienced negative economicin this chart are indexed to a base ofgrowth in 2001. All of these states’“”FIGURE 1: ANNUAL CHANGE IN REAL GROSS STATE PRODUCT, 2001 TO 20055Percent Change from Previous Year4322000-200112001-20022002-20030United ky2003-20042004-2005-2-3-4Source: IBRC, using Bureau of Economic Analysis data4incontext www.incontext.indiana.edu July 2006

FIGURE 2: RELATIVE CHANGE IN TOTAL GSP, 2001 TO 2005114Indiana112United StatesKentucky110Index Value (2001 20012002200320042005Source: IBRC, using Bureau of Economic Analysis data100 representing each state’s startingvalue in 2001. Indiana leads the packwith a 2005 index of 112.5, whichmeans that its economy has grown by12.5 percent since 2001, slightly aheadof the national economy’s growthduring the same period.Some Hoosier observers may beconcerned with the slowing paceof Indiana’s economic growth.Unfortunately, it’s difficult at presentto diagnose the contributing factorsbecause industry-level GSP data for2005 are not yet available from theBEA. A breakout of contributions toIndiana’s economy by industry for2004 is shown in Table 2, which showsdollar value of output from each majorindustry group and the correspondingpercentage of total GSP for bothIndiana and the nation. The table alsoshows the location quotient (LQ) foreach industry based on the GSP data.These location quotients indicate thecontribution of each industry to thestate’s economy expressed relative tothe national average. Thus, for example,the LQ of 2.22 for manufacturingindicates that the manufacturing sectorJuly 2006accounts for 2.22 times as high apercentage of Indiana’s economy asthe sector’s percentage of the U.S.economy.Manufacturing is by far the largestcontributor to Indiana’s economy,accounting for more than 30 percentof the state total. It may be thatstress in this sector, which continuesto experience substantial workforceshrinkage nationally, increased itsimpact on Indiana in 2005. However,the data to address this issue will not beavailable for several more months. Inthe interim, GSP figures for prior yearslean in this direction, as the growthrate of Indiana manufacturing outputshrank from 12.1 percent in 2002 to6.4 percent in 2003 and 4.6 percent in2004. Thus, the sector appears to becontributing less over time to the state’soverall economic growth. When new2005 data are released showing industrydetails, we will follow up on this issue.—Jerry Conover, Director, Indiana BusinessResearch Center, Kelley School ofBusiness, Indiana UniversityTABLE 2: CONTRIBUTIONS TO GSP BY INDUSTRY IN INDIANA AND THE UNITED STATES, 2004Real GSP (millions of 2000 dollars)IndianaUnited StatesIndustryLQManufacturing2.22 65,36530.8 1,478,108Arts, Entertainment and Recreation1.42 2,7381.3 97,3210.9Transportation and Warehousing (Excluding Postal Service)1.09 7,0053.3 s1.08 4,3892.1 204,5351.9Health Care and Social Assistance1.02 13,9506.6 691,2156.5Other Services (Except Government)0.97 4,4702.1 231,4062.2Agriculture, Forestry, Fishing and Hunting0.94 1,9810.9 105,9971.0Retail Trade0.94 14,9427.0 797,6967.5Construction0.93 8,0153.8 432,8844.1Wholesale Trade0.88 12,0235.7 683,7516.4Administrative and Waste Services0.84 5,1072.4 307,5262.9Government0.80 18,9748.9 1,186,71511.1Accommodation and Food Services0.79 4,3922.1 277,9192.6Educational Services0.78 1,2790.6 82,7360.8Real Estate, Rental and Leasing0.74 19,6349.2 1,328,02712.4Finance and Insurance0.70 11,7305.5 845,2567.9Management of Companies and Enterprises0.60 2,4291.1 203,4391.9Professional and Technical Services0.53 7,7813.7 732,7286.9Information0.49 5,5092.6 563,8175.3Mining0.32 6800.3 108,4151.0“For additional discussion of the issues involved in analyzing real economic growth based on chain-type quantity indexes or chained dollars measures, referto the box, “Using Chained Dollar Estimates for Computing Contributions to Economic Growth: A Cautionary Note,” in: Lum, Sherlene K. S. and Brian C.Moyer, “Gross Product by Industry, 1995-97,” Survey of Current Business 78 (November 1998): 20-40.” This explanation is available atwww.bea.gov/bea/an/1198gpo/box4.htm.Source: IBRC, using Bureau of Economic Analysis data www.incontext.indiana.edu incontext5

Monthly Metrics: Indiana’s Economic IndicatorsAverage Weekly Benefits Paid for Unemployment InsuranceClaims, January 2004 to April 200610.0IndianaUnited StatesIndianaUnited States 260 250 240MarJanNovJulSepMayJanMarSep0.0Nov 270Jul 280May5.0Jan 290Percent ChangeAverage Weekly Benefit 300Percent Change in Unemployment from the Previous pNovJanMar-15.020062005200520042006Source: U.S. Department of Labor*seasonally adjustedSource: IBRC, using Bureau of Labor Statistics dataPercent Change in L abor Force from Previous Year*Change in Unemployment Rate From April of Previous Year*2Indiana1.00.5-0.5200420052006*seasonally adjustedSource: IBRC, using Bureau of Labor Statistics dataChange in JobsPercentChangePercentChange18,5000.61.4Natural Resources and Mining2002.98.2Education and Health Services7,7002.12.4Leisure and cial Activities1,2000.92.6Professional and Business Services1,8000.72.6Trade, Transportation and -0.1Information-100-0.2-0.1Other Services-400-0.40.1Government*April of each year, seasonally adjustedSource: IBRC, using Bureau of Labor Statistics data 0.5-1-1.5Over-the-Year Percent Change in Employment by Super-Sector*2.0UnitedStatesIndianaTotal Nonfarm1*seasonally adjustedSource: IBRC, using Bureau of Labor Statistics dataChange in Employment by Industry Super-Sector, 2005 to 2006*IndustryPercentage Point ChangeUnited States1.50.0IndianaUnited States1.51.5Over-the-Year Percent bMarAprMayJunJulAugSepOctNovDecJanFebMarAprPercent Change in Labor Force2.51.00.50.0MayJunJulAug SepOctNov Dec JanFeb MarApr-0.5-1.0-1.52005U.S.2006IndianaTotal NonfarmManufacturingTrade, Transportation and Utilities*seasonally adjustedSource: IBRC, using Bureau of Labor Statistics and Indiana Department of Workforce Development datan www.incontext.indiana.edu July 2006

Regional Labor Force and Unemployment RatesJuly 2006n www.incontext.indiana.edu incontext

Growth in Indiana’s Health Care SectorMany of the state’s hot jobsare in the medical field,making health care andsocial assistance one of Indiana’sfastest growing sectors. Betweenthe third quarters of 2001 and 2005,Indiana added nearly 26,700 jobsin health care and social assistance.Tying with retail trade at 12 percent,it is the second-largest sector in thestate (manufacturing ranks first at20 percent). This article will utilizeCovered Employment and Wages datato explore the health care and socialassistance field, which employs over348,000 Hoosiers statewide.FIGURE 1: SUBSECTOR EMPLOYMENT AS APERCENT OF ENTIRE SECTOR, 2005:3SocialAssistance11%20%Nursing andResidentialCare Facilities38%HospitalsOverviewFigure 1 shows the four subsectorscomprising the health care and social31%Ambulatory HealthCare ServicesSource: IBRC, using Bureau of Labor Statistics dataFIGURE 2: POPULATION BY COUNTY AND RESIDENTS PER HEALTH CARE JOB, 2005:319More than 100,000(17 counties)(20 counties)2116ElkhartLa Porte241740,000 to 100,000St. all282330JasperPulaskiFulton20,000 to 39,999(36 counties)264228NobleDe KalbKosciusko3460Newton(19 counties)Labels show numberof residents per healthcare and socialassistance job.Indiana sey omewDaviess MartinKnoxFranklinDecatur1582Brown70Fayette n12WhitleyHuntingtonLess than 20,0003615HarrisonPerrySpencerSource: IBRC, using Bureau of Labor Statistics data8incontext www.incontext.indiana.edu assistance sector. Though there are just179 hospitals statewide, they employ133,600 people. The ambulatory healthcare services subsector employs roughly107,200 people in about 8,100 officesstatewide (this includes physicians,dentists and other health practitioners’offices, as well as outpatient carecenters, medical/diagnostic laboratories,and home health care services). Almost68,000 Hoosiers are employed withinIndiana’s 1,082 nursing and residentialcare facilities. In addition, roughly39,400 people work in the state’s 2,235social assistance establishments (whichinclude individual and family services;food, housing and emergency services;vocational rehabilitation; and childdaycare).JobsAt the county level, tiny Ohio Countyhas less than 100 jobs in health careand social assistance, whereas MarionCounty has over 71,500. Since the sizeof the sector generally tends to coincidewith the size of the population,how many people are there for eachhealth care and social assistance job?Statewide, there are 18 residents foreach job in the sector (see Figure 2).In Vanderburgh and Knox counties,that number drops to 11 residents. Atthe other end of the spectrum, bothMartin and Franklin counties have overJuly 2006

Figure 3: Health Care Sub-Sector Wages, 2005:3Figure 4: Health Care Job Growth, 2001:3 to 2005:3 1,000 900200 or More 912 800(32 counties) 784 7001 to 199 Jobs 713 600(41 counties) 500Lost Jobs 400(19 counties) 452 387 300 200 100 0Health Care andSocialSocial Services AssistanceNursing andResidentialCare FacilitiesHospitalsAmbulatoryHealth CareServicesSource: IBRC, using Bureau of Labor Statistics data90 people per health care and socialassistance job (these are two of the 16counties in the state without a hospital).The median number of residents persector job equals 27 (meaning half ofthe counties have a higher number andhalf fall below it).WagesOverall, average weekly wages for thehealth care and social services sectorequals 713. This exceeds the stateaverage across all industries, whichis 689 per week, and ranks aboutin the middle among all 20 NAICSsectors. Pike County has the lowestaverage weekly wage ( 379), while theaverage exceeds 800 in both MarionCounty ( 862) and Delaware County( 844). Statewide, wages between thesubsectors run the gamut, from socialassistance at 387 to ambulatory healthcare services at 912 per week (seeFigure 3).Recent ChangesSince the third quarter of 2001,Indiana added 26,688 health care andsocial assistance jobs—a gain of 8.3percent. This was the largest growthon a numeric basis and the secondlargest from a percent basis (trailingthe administrative, support and wastemanagement sector, whose growthexceeded 16 percent). Of the state’s 92July 2006counties, 73 experienced growth in thenumber of jobs in health and socialassistance (see Figure 4). Focusingon percentages, the largest increasesoccurred in Newton, Owen andHamilton counties, and the largestdeclines were found in Jennings,Union and Rush counties.Statewide, the averageweekly wage for the healthcare and social assistancesector increased by 111between 2001:3 and 2005:3. This wasa gain of 18.4 percent, which tied withmanufacturing as the fourth largestincrease across all sectors. At thecounty level, the fastest wage growthwas found in Owen County, with a gainof 91.2 percent (or 290 per week).Washington and Delaware countiesrounded out the top three with gainsexceeding 40 percent. Meanwhile,three counties—Brown, Hendricks andKnox—encountered wage declines of-11.2 percent, -2.2 percent and -0.9percent, respectively.Source: IBRC, usingBureau of LaborStatistics dataAt the subsector level, Indiana’snursing and residential care subsectorgrew the slowest at 10.5 percent (or 43 per week), while average wages inthe hospital subsector grew the most at25 percent (or 157 per week). Muchof the subsector data for employmentand earnings is suppressed at thecounty level, but a summary of what isavailable is shown in Table 1.—Rachel Justis, Managing Editor, IndianaBusiness Research Center, Kelley Schoolof Business, Indiana UniversityTable 1: Counties with Change in Health Care and Social Assistance SubsectorsSectorAmbulatory HealthCare ServicesNumber of Counties Jobs WagesHospitals*Nursing and ResidentialCare 1040191465Nondisclosable001414616120206767*Sixteen counties do not have hospitalsSource: IBRC, using Bureau of Labor Statistics datan www.incontext.indiana.edu incontext

Regional Perspective: Economic Growth Region 7Economic Growth Region (EGR)7, located in the west-centralportion of the state, shares aborder with Indiana’s western neighborIllinois. It has fewer people callingit home than any of the 11 regionsin Indiana with a 2005 population ofabout 222,400 people (equivalent to 3.5percent of the state’s population). Theregion consists of six counties: Clay,Parke, Putnam, Sullivan, Vermillion andVigo. Vigo County makes up more than46 percent of the region’s population(see Figure 1). However, Vigo County’sshare of the population has beendeclining since 2000 and it had 3,100fewer people in 2005 than it did at theturn of the century (see Figure 2). Theother five counties in the region haveseen at least some population growthover that time span, though it wasn’tenough to make up for Vigo C

of the hot jobs. Figure 1 shows the top 10 jobs on the Hoosier Hot 50 Jobs list and their projected growth from 2002 to 2012. Can I Get a Hot Job Right Out of High School? The list demonstrates the importance for Hoosiers continuing their education. Table 1 shows the ten highest paying jobs on the Hoosier Hot 50 Jobs list