Jobs in the manufacturing sector have long been considered “good jobs”—a source of above-average wages and benefits, full-time hours, and stable employment for millions of Americans—and previous work by the Economics and Statistics Administration (ESA) has demonstrated the quality of many manufacturing jobs.
"Good enough" is a phrase that does not belong on the factory floor. Today’s factory processes must meet exacting specifications, and this need underlies many U.S. manufacturers’ decisions to reassess where they are producing or sourcing. Consider that 46 percent of respondents to a 2010 Accenture survey of North American manufacturing companies had "experienced product quality concerns as a result of offshored manufacturing and supply operations," and that 11 percent had product safety concerns.
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.
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About the Economics & Statistics Administration
The Economics and Statistics Administration (ESA) plays three key roles within the Department of Commerce (DOC). ESA provides timely economic analysis, disseminates national economic indicators, and oversees the U.S. Census Bureau (Census) and the Bureau of Economic Analysis (BEA). In this latter role, ESA works closely with the leadership at BEA and Census on high priority management, budget, employment, and risk management issues, integrating the work of these agencies with the priorities and requirements of the Department of Commerce and other government entities.