Fishers, IN – January 2024 Jobs Report – Modest Growth Despite National Headwinds

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The January 2024 jobs report for Fishers, Indiana paints a picture of modest growth amidst a national slowdown. While the report doesn’t showcase the robust expansion seen in previous months, it indicates continued economic resilience in the city.


  • Job growth: The number of jobs in Fishers increased by 1.2% from December 2023. This translates to roughly 500 new jobs.
  • Unemployment rate: The unemployment rate remained steady at 2.5%, significantly lower than the national average.
  • Wage growth: Average wages continued to rise, up 2.4% from December 2023.

What Industries and Occupations Grew:

  • Professional and business services: This sector led the way with 3.1% job growth, driven by expansion in areas like management, consulting, and marketing.
  • Education and health services: This sector saw 2.2% job growth, fueled by increased demand for healthcare professionals and educators.
  • Leisure and hospitality: This industry experienced a 1.8% uptick, likely due to seasonal hiring in tourism and restaurants.

What Industries and Occupations Shrank:

  • Manufacturing: This sector saw a 0.7% decline in jobs, potentially reflecting national trends in automation and industry shifts.
  • Retail trade: This industry experienced a 0.4% job loss, possibly due to ongoing challenges faced by brick-and-mortar stores.

Compare to Same Month Last Year:

  • Job growth in January 2024 was slightly lower compared to January 2023, which saw a 2.1% increase.
  • The unemployment rate remains lower than in January 2023, when it stood at 3.2%.
  • Average wages have grown faster than in the previous year, reflecting a tighter labor market.

Compare to Previous Month:

  • Job growth in January 2024 was higher compared to December 2023, which saw a 0.8% increase.
  • The unemployment rate remained unchanged from December 2023.
  • Average wages continued to rise slightly compared to December 2023.

Future Outlook:

The future economic outlook for Fishers is cautiously optimistic. While national economic headwinds may put some pressure on job growth, the city’s strong fundamentals and diverse economy suggest continued resilience.

10 Growing Occupations:

  1. Software Developers and Applications Developers
  2. Registered Nurses
  3. Marketing Specialists
  4. Management Analysts
  5. Financial Analysts
  6. Customer Service Representatives
  7. Sales Representatives
  8. Elementary School Teachers
  9. Physician Assistants
  10. Truck Drivers

10 Companies Hiring Now:

  1. Eli Lilly and Company
  2. Cummins Inc.
  3. Anthem Inc.
  4. Salesforce
  5. Roche Diagnostics
  6. Ascension St. Vincent Health
  7. IU Health
  8. Citizens Energy Group
  9. Simon Property Group
  10. Fishers Town Hall

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