At the same time, CNBC concluded Indiana lags well behind other states when it comes to education (36th), quality of life (41st) and workforce quality (43rd).
Indiana falls behind Illinois on CNBC ranking of top states for business | Jobs and Employment
CNBC said it changed its quality of life measure this year to “life, health and inclusion” to better account for companies demanding states offer a welcoming and inclusive environment for their employees.
As a result, Indiana’s limited anti-discrimination protections, stringent voting rules, and lackluster COVID-19 vaccination rate combined to place Indiana in the bottom fifth of states on the new quality of life measure.
Indiana’s comparative lack of college graduates and reduced state support for high education played a major role in determining Indiana’s low rankings in the education and workforce quality categories, according to CNBC.
Erin Sweitzer, communications director for the Indiana Economic Development Corp., the state’s commerce agency, said the IEDC “doesn’t place significant focus on any one individual ranking” because “we know these various rankings each have their own methodologies that can change from year to year.”
“We continue to be focused on supporting our businesses and adapting to their developing wants and needs,” Sweitzer said.
Illinois, meanwhile, improved in five of the 10 CNBC categories, including infrastructure (1st), access to capital (3rd), education (10th), cost of living (21st) and cost of doing business (29th).