Kokomo, IN was the third-ranked city in the U.S. for job growth in 2013 according to the Bureau of Labor Statistics (BLS) data. Kokomo added 2,300 jobs between August 2013, and August 2014, for a total job growth rate of 5.3 percent.
For the same period, Kokomo’s unemployment rate shrank by more than two percentage points, while its labor force increased by 1,817, as the city continues to be a best place for job seekers.
The Talent Tribune listing is based on BLS data for the total number of employed residents in August 2013 and August 2014. The organization calculated the number of jobs added, as well as the percentage of job growth.
“The Kokomo economy continues to outpace the state and national economies,” said Kokomo Mayor Greg Goodnight. “Our community is thriving at the same time we are making quality-of-life investments for our residents. Kokomo’s job market is one of the best in the U.S., and our housing stock remains one of the most affordable in the nation as well.”
This report follows a U.S. Conference of Mayors announcement that Kokomo’s Gross Metropolitan Product (GMP) growth rate of 2.4 percent in 2013 placed it 61st of 363 metro areas in the nation.
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