Governor Mike Pence today issued the below statement following news that Indiana's unemployment rate dropped to 7.5 percent.
"Like every Hoosier, I welcome the news that Indiana's unemployment rate has dropped to 7.5 percent. This the first time since November 2008 that our unemployment rate has been below 8 percent, and it is a testament to the resilience of the hard-working people of Indiana, the businesses of our state and the policies that we have been embracing during these difficult times.
"Indiana's pro-growth policies of fiscal responsibility, lower taxes and less red tape are giving Hoosier businesses the confidence to grow and attracting new investment and jobs to our state. Our progress in education and workforce is attracting renewed interest in investment in Indiana. Because of our efforts, Indiana's private sector job growth continues to significantly outpace the national average.
"I am grateful to our partners in the Indiana General Assembly who helped us make the state even more business-friendly for the companies that power Indiana's economic engine every day, but there is more work to be done. Despite today's encouraging news, there are still far too many Hoosiers struggling in this economy, and we cannot afford to let up in our effort to make Indiana even more attractive for investment and jobs.
"In the coming session of the General Assembly, I look forward to working with our legislators to promote even more policies that will build on Indiana's momentum, attract more good-paying jobs and make Indiana the state that works for every Hoosier."