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Wages and Employment

Update on the Earnings of New Hires in Manufacturing

This report, which updates analyses we published in 2013 and 2014, finds that the manufacturing sector continues to offer a pay premium relative to other industries.  Although this pay premium fluctuates with the business cycle, it has persisted over time for both new hires and incumbent workers, providing evidence that the manufacturing sector continues to offer good jobs for workers.

STEM Jobs: 2017 Update

Science, technology, engineering and mathematics (STEM) workers help drive our nation's innovation and competitiveness by generating new ideas and new companies.1 For example, workers who study or are employed in these fields are more likely to apply for, receive, and commercialize patents.2 STEM knowledge also has other benefits; while often very specialized, it can be transferred to a wide variety of careers, particularly management occupations, while increased technology in the workplace means that, to handle non-repetitive tasks, workers need the critical thinking and technical skills that come with STEM training.3

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