Indianapolis Career Outlook and Fastest Growing Careers

May 22, 2018

Located in the center of the state in Marion County, Indianapolis is the county seat and state capital of Indiana. With an expanding population of over 800,000, it's the largest city in the state. The variety of job openings in the Indianapolis area makes it worth an investigation by job seekers.

Overview of Indianapolis

In March 2018, the U.S. Bureau of Labor Statistics (BLS) reported that over half the population of the Indianapolis area was considered to be in the labor force (over 1 million, with a population in the metropolitan area of 1.76 million). The BLS shows an unemployment rate of 3.0% in the Indianapolis region as of March 2018, which is lower than the national average of 4.1% at that same time. In addition, the BLS states that as of May 2017, the average hourly rate for workers in this region was $23.09, a little under the national average of $24.34. Below is information on the fastest-growing and fastest-declining jobs, as well as the largest employers in the Indianapolis area.

Fastest-Growing Jobs

If you're looking for a career in healthcare or computers in the Indianapolis area (which is in Marion County, placing it in the state's Economic Growth Region (EGR) 5), you're in luck. According to the Indiana Department of Workforce Development (IDWD), the following are among the fastest growing jobs in EGR 5 through 2024:

  • Web Developers
  • Occupational Therapy and Physical Therapist Assistants and Aides
  • Statisticians
  • All Other Therapists
  • Nurse Practitioners
  • Home Health Aides
  • Operations Research Analysts
  • Speech-Language Pathologists
  • Mathematical Science Occupations
  • Software Developers, Applications

Fastest-Declining Jobs

On the flip side, some occupations in and around Indianapolis can expect to see a sharp decline in the coming years, with the transportation industry seeing the largest decreases. As reported by the IDWD, the following jobs are projected to be among the fastest-declining occupations in Central Indiana's EGR 5 through 2024:

  • Flight Attendants
  • Airline Pilots, Co-pilots and Flight Engineers
  • Air Transportation Workers
  • Electronic Equipment Installers and Repairers, Motor Vehicle
  • Reservation and Transportation Ticket Agents and Travel Clerks
  • Communications Equipment Operators
  • Switchboard Operators, Including Answering Service
  • Photographic Process Workers and Processing Machine Operators
  • Editors
  • Prepress Technicians and Workers

Largest Employers

The largest employers in the Indianapolis region are mostly in the healthcare industry, with several hospitals on the list. Higher education is another prominent industry employing many Indianapolis-area residents. According to the IDWD, the following were the top 10 largest employers in the Indianapolis area as reported in 2018:

  • Indiana University Health University Hospital
  • St Vincent Emergency Department
  • St Vincent Senior Service Center
  • Peyton Manning Children's Hospital
  • Indiana University - Purdue University Indianapolis
  • Roche Diagnostics Corporation
  • Eli Lilly & Co.
  • Eli Lilly International Corporation
  • IU School of Medicine
  • Indiana University Health Methodist Hospital
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