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June 2015

Data Jobs Will Keep Adding Up

Simple arithmetic tells us that data jobs are good.  They pay well, have low unemployment rates, and are expanding across many industries. More complicated arithmetic projects a bright future of growth.  Over the decade ending 2022, employment in data occupations—in which data analysis and processing are central to the work performed—is projected to grow 14.5 percent, faster than the 10.4 percent projected growth of ("for") non-data jobs. Research first published in The Importance of Data Occupations in the U.S. Economy highlights that these jobs not only are multiplying, but that they pay more than $40 an hour on average.  Data workers also are very unlikely to be unemployed.   This blog examines projected future growth in this field, courtesy of the Bureau of Labor Statistics' 2012-2022 employment projections.

Second Natural Capital Business Roundtable Set for June 12th in Cleveland

First roundtable held in Houston on April 16th and hosted by the Center for Energy Studies at Rice  University's Baker Institute for Public Policy.On June 12th, a joint team from the National Oceanic and Atmospheric Administration (NOAA) and the Economics and Statistics Administration (ESA) will head to Cleveland, OH, for the second in a series of five Department of Commerce Natural Capital Business Roundtables. The information needs that businesses identify during the roundtables will shape the development of a Commerce Department website to help businesses improve their bottom lines by considering natural capital in planning and operations. Natural capital includes the air, water, soil, and living resources that provide a range of goods and services on which the global economy depends.

Recent Trends in Manufacturing

Since the Great Recession, manufacturing has experienced a period of growth. In our June 2014 report, Manufacturing Since the Great Recession, Ryan Noonan and I provided an overview of recent trends in manufacturing. This blog updates those facts.  What we find is that while manufacturing is still recovering, the rebound has slowed somewhat in recent months.

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