New Report Shows Value of New Manufacturing Jobs
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New Report Shows Value of New Manufacturing Jobs

WASHINGTON, Aug. 22, 2013 — (PRNewswire) —  The U.S. Commerce Department's Economics and Statistics Administration (ESA) today released a new report entitled The Earnings of New Hires in Manufacturing, which confirms that manufacturing jobs created in recent years are indeed good jobs. U.S. Secretary of Commerce Penny Pritzker mentioned the report's findings during a speech on the importance of American manufacturing at Walmart's first-ever U.S. Manufacturing Summit in Orlando, Fla., earlier today.

The report found that new hires in manufacturing had 38 percent greater monthly earnings than new hires in other sectors at the end of 2011 (the latest data available). The monthly earnings premium for the manufacturing workforce as a whole, including both new hires and incumbents, was 25 percent. This earnings premium results from both greater hourly earnings and from more hours of work per month. 

"Today's ESA report on manufacturing provides important evidence that new manufacturing jobs are, in general, better paying jobs than positions in other sectors," said Secretary Pritzker. "This report provides further validation that we need to continue our strong efforts to spur American manufacturing, which represents a vital part of our nation's economic growth."

This new report, which is based on the U.S. Census Bureau's rich and innovative Quarterly Workforce Indicators (QWI) data set, shows the following:

The complete report can be found at: http://www.esa.doc.gov/Reports/earnings-new-hires-manufacturing.

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SOURCE U.S. Department of Commerce

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U.S. Department of Commerce