Indiana's wage demand data untapped resource

Opportunity knocks in Knox County Indiana • PO Box 701  Vincennes, IN 47591-0701 • TEL (812) 886-6993 • FAX 812.886.0888 • info@kcdc.com

Knox County Indiana employers give high marks to their workforce when it comes to measuring productivity levels. The annual employee turnover rate is less than 5 percent, and absenteeism rates range from 0-3 percent per month.

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The Median Center of US Population is approximately 20 miles west of Vincennes. Because of its strategic location near the Median Center of U.S. Population and the major urban centers, markets and industries, Knox County is a prime location for development and distribution.

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Knox County Indiana is a great place to live and work. The community is equally supportive of raising a thriving family or a successful business. And, it is a true community in every sense of the world. We invite you to take a look around, both this site and the Knox County area. We think you will like what you see.

The Knox County Development Corporation would like to acknowledge the Vincennes Sun Commercial, Indiana Economic Digest, InSide Indiana Business, the Evansville Courier and Press and other area resources for some of the news stories and photographs which appear in our news links. We appreciate their ongoing coverage of events which emphasize the growth of Knox County and its economic development efforts.

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Indiana's wage demand data untapped resource

Morton J. Marcus, an economist formerly with the Kelley School of Business, Indiana University. His column appears in numerous Indiana newspapers. The following are exerpts from his column of 5/31/2010

A simple visit to Hoosiers-by-the-Numbers on the DWD (Indiana Department of Workforce Development) website is a data junkie’s joy...

The most modest expected wages were in Jay, Knox, Owen and Greene counties --- each under $20,000 per year.  

DWD calls the data “Wage Demand.” ... This is an extraordinary source of information as are most files at DWD. With this sort of information we could track how wage expectations change over time, as the unemployment rate for the county changes, and as the duration of unemployment changes for individuals. Where DWD has data on the wage finally accepted by the worker, the expected and realized values could be compared which could have a feedback effect on other workers.