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Employment

Deep Dive into Hispanic Business Ownership

Female business ownership booms

The number of U.S. businesses grew 2 percent between 2007 and 2012 as the country weathered the financial crisis and entered the first three years of economic recovery. Yet, while overall business growth over this period was muted, growth in the number of minority-owned firms boomed. According to data from the Census Bureau's Survey of Business Owners, the number of minority-owned firms jumped by 38 percent to 8 million.

#HackthePayGap

Statement by U.S. Secretary of Commerce Penny Pritzker on Today's Employment Report

WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today released the following statement on the employment situation in November. Today's report shows that the economy added 211,000 jobs last month, and that the unemployment rate remains at 5.0 percent.

The Pay Premium for Manufacturing Workers as Measured by Federal Statistics

Historically, manufacturing jobs have offered relatively high pay. However, there is not a consensus on the size of the pay premium for manufacturing jobs relative to the economy as a whole or even whether a premium continues to exist. This report turns to evidence to answer those questions, using ten federal datasets, each of which allows us to calculate and compare the average pay of manufacturing workers and the average pay of workers overall. The following datasets are included:

Temporary Help in Manufacturing

The temporary help services industry has bounced back from the recession and continues to grow. According to data from the Bureau of Labor Statistics’ Current Employment Statistics (CES) program, the temporary help industry only accounts for 2 percent of all employment in the U.S. economy (as of July 2014), but accounts for 11 percent of all the jobs created since the end of the recession. Growth has continued steadily in 2014, with 107,100 temp jobs added during the first seven months of the year.

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