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Indianapolis among fastest-growing metros

According to the latest numbers from the BLS, the Indianapolis MSA has an unemployment rate of 2.9 percent and an annual job-growth rate of 3.1 percent. This is 1.6 percentage points above the national job growth rate of 1.5 percent.

This growth rate is so high, that it ranks in the top 10 of JLL-tracked metros. Indianapolis is the only Midwestern city to crack the list, which is dominated by southeastern markets.

It is not surprising that Indianapolis saw such strong growth. The labor force and total employment are both at record high levels, keeping the unemployment rate low. Nearly 32,000 jobs have been added to the market since last year. ​

Source: Bureau of Labor Statistics, JLL Research​

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