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Employment

Recent Economic Trends in Manufacturing

The initial strength of the rebound in manufacturing after the Great Recession has cooled off in recent years.1 Although limited, the available data so far for 2017 indicates that there may be some renewed momentum for growth. Additionally, a monthly survey of manufacturers indicates that the sector is growing.

However, the U.S. manufacturing sector is made up of many industries that produce goods as diverse as food products, automobiles, furniture, and refined petroleum products and the performance of these industries has varied considerably.

This report presents some of the latest data available and explores recent historical trends for the manufacturing sector as a whole and for its industries.

Hack the Pay Gap

Pay equality “power shifting” with Commerce data

“When women are not paid fairly,” President Obama said, “not only do they suffer, but so do their families.”

We at Commerce are excited to be part of the solution – and to have our work in harnessing our vast troves of data for innovation, job creation and advancing the public good recognized and made real. That’s why I’m so pleased that on July 19, Secretary Pritzker and US Chief Technology Officer Megan Smith hosted “Hack the Pay Gap Demo Day” at the White House showcasing our data access and usability efforts.

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.

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