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May 2015

Digitally Deliverable Services Remain an Important Component of U.S. Trade

Last year, DOC economist Jessica Nicholson and I wrote "Digital Economy and Cross-Border Trade: The Value of Digitally-Deliverable Services." In that report, we estimated the total value of U.S. trade in digitally-deliverable services—i.e., services that may be, but are not necessarily, delivered digitally. Since the publication of our report, we have received many requests to provide updated data on this valuable sector of our economy.

With a Low Unemployment Rate, Data Workers are High in Demand

Across the U.S. economy, data jobs are multiplying and the digits on their paychecks are attractive.  New numbers highlight another benefit to workers in this field—very low unemployment rates.  The unemployment rate for data jobs was just 3.1 percent in 2014, or half the national average.

Partly Voluntary, Partly Not – A Look at Part-Time Workers

Regularly working 35 or more hours—the Bureau of Labor Statistics' definition cutoff for "full-time"—is a typical criterion for considering a job to be "good." (Others include the pay and breadth of benefits.)  As the economic expansion continues to unfold, full-time employment is growing. In March 2015, 121 million people were working full-time, up from a low of 110.6 in December 2009, but still somewhat short of the pre-recession high of 121.9 in November 2007. For the 27.7 million workers who worked part-time hours as of March 2015, (i.e.

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