Joseph Losco and Sean Hildebrand
Bowen Center for Public Affairs
Hoosiers express mixed reactions to the state of the economy in Indiana, according to the Hoosier Survey taken at the close of 2015. While generally satisfied with the state’s record of attracting jobs to the state, most Hoosiers do not believe they are economically better off today than they were four years ago.
Reflecting an improved economy, a majority of Hoosiers (57%) express satisfaction (very or somewhat satisfied) with the record of Indiana in attracting jobs to the state. This holds for Republicans (69%) and Independents (55%). Democrats are evenly divided (49% satisfied, 48% not satisfied) regarding job creation. Central county residents expressed the highest level of satisfaction (65%) compared to Northern (54%) and Southern Counties (59%).
Nevertheless, only 26% say they are financially better-off today than they were four years ago. A plurality (45%) believes their financial condition has not much changed over the last four years.
Income insecurity can be seen in another measure: support for increasing the minimum wage. Expressing concern over wage-stagnation, a majority (64%) supports an increase in the minimum wage to $10.10 an hour. Support is greatest among Independents and Democrats but nearly 46% of Republicans also support the measure.
Recently, Wal-Mart made news by raising their minimum wage for employees across the country to $10/hour.
Full results of the Hoosier Survey are available here.