Employee Compensation per Hour by Major Industry, 2010

Manufacturing Workers Enjoy Higher Pay, More Benefits

Specific findings from “The Benefits of Manufacturing Jobs” include on average, hourly wages and salaries for manufacturing jobs are $29.75 an hour compared to...
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Manufacturing Employment Has Expanded by 489,000 jobs or 4 percent since January

4 Percent Growth in Manufacturing Jobs since Jan. 2010

Manufacturing employment has expanded by 489,000 jobs or 4 percent since January 2010. This growth represents a 4 percent increase - the manufacturing industry's strongest cyclical rebound since the dual recessions in the early 1980's.


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Figure 2. Percent of Private Industry Workers with Retirement and Medical Care B

The Benefits of Manufacturing Jobs - Compensation Premium

The report finds that 76% of manufacturing employees receive medical care and retirement versus 55% of workers in service providing industries.  Follow us on Twitter @EconChiefGov.

 


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New Report Showing Intellectual Property-Intensive Industries Contribute $5 Tril

Intellectual Property and the U.S. Economy: Industries in Focus

Washington, D.C., April 11, 2012 - The U.S. Commerce Department today released a comprehensive report, entitled “Intellectual Property and the U.S. Economy: Industries in Focus,” which finds that intellectual property (IP)-intensive industries support at least 40 million jobs and contribute more than $5 trillion dollars to, or 34.8 percent of, U.S. gross domestic product (GDP).  The...
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New U.S. Commerce Department Report: Manufacturing Jobs Provide Higher Pay, More Benefits

Submitted on May 9, 2012 - 9:39am

Manufacturing jobs becoming more skilled and heavily reliant on science, technology, engineering and math (STEM) fields. 

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The Benefits of Manufacturing Jobs

Submitted on May 7, 2012 - 3:12pm
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Executive Summary

The role of the manufacturing sector in the U.S. economy is more prominent than is suggested solely by its output or number of workers. It is a cornerstone of innovation in our economy: manufacturing firms fund most domestic corporate research and development (R&D), and the resulting innovations and productivity growth improve our standard of living.  Manufacturing also drives U.S. exports and is crucial for a strong national defense.

Economic Briefing April 24, 2012: STEM Across the “Gen(d)erations”

Submitted on April 24, 2012 - 5:43pm

Figure 1 Female Share of College Graduates by Generation and STEM Degree, 2010Last year, ESA issued a series of reports on science, technology, engineering, and mathematics (STEM) employment.  Newer data are now available and we updated some key results from these reports. Overall, the new data reaffirm the importance of STEM jobs to the U.S.

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