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May 2012

New U.S. Commerce Department Report: Manufacturing Jobs Provide Higher Pay, More Benefits

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

WASHINGTON, May 9, 2012 – The U.S. Commerce Department’s Economics and Statistics Administration (ESA) today released “The Benefits of Manufacturing Jobs,” an analysis of wages and benefits of manufacturing workers, which finds that total hourly compensation for manufacturing workers is 17 percent higher than for non-manufacturing workers. This includes premiums in both wages and employer-provided benefits, such as health insurance and retirement plans.

Statement from U.S. Commerce Secretary John Bryson on U.S. International Trade in Goods and Services in March 2012

WASHINGTON – U.S. Secretary of Commerce John Bryson issued the following statement today on the release of the March 2012 U.S. International Trade in Goods and Services report by the Commerce Department’s Census Bureau and Bureau of Economic Analysis. U.S. goods and services exports in March 2012 were up 2.9 percent from February 2012 to reach a record $186.8 billion. Record highs were seen in U.S. exports of both total services ($54.1 billion), and goods ($132.7 billion), with record levels of exports of industrial supplies ($44.3 billion) and capital goods ($44.4 billion).

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