Following the release of the Economic and Statistics Administration’s “The Benefits of Manufacturing Jobs” report, Chief Economist Mark Doms and Gardner Carrick, Vice President of Strategic Initiatives at The Manufacturing Institute, will be holding a 30-minute Twitter chat responding to your questions about the report and the state of American manufacturing on Friday, May 11^th at 1:00pm ET.

Manufacturing jobs provide benefits to workers with higher overall compensation than other sectors, and to the economy through innovation that boosts our nation’s standard of living.  Specifically, this report shows that:

• On average, hourly wages and salaries for manufacturing jobs are $29.75 an hour compared to $27.47 an hour for non-manufacturing jobs. Total hourly compensation, which includes employer-provided benefits, is $38.27 for workers in manufacturing jobs and $32.84 for workers in non-manufacturing jobs, a 17 percent premium.

• Even after controlling for demographic, geographic, and job characteristics, manufacturing jobs maintained significant wage and benefit premiums.  

• The educational attainment of the manufacturing workforce is rising steadily.  In 2011, 53 percent of all manufacturing workers had at least some college education, up from 43 percent in 1994.

• The innovative manufacturing sector relies more heavily on STEM education than non-manufacturing.  For instance, nearly 1 out of 3 (32 percent) college-educated manufacturing workers has a STEM job, compared to 10 percent in non-manufacturing. 

• Higher educational attainment for manufacturing workers carries higher premiums and the size of the premium, including or excluding benefits, increases consistently with educational attainment.

• Furthermore, the compensation premium has risen over the past decade across all levels of educational attainment.

Here's how you can participate:

• Starting now, ask questions for Mark and Gardner on Twitter using the hashtag #mfgChat or at our Facebook page or in the comments here.
• On Friday, May 11th, at 1:00p.m. EST begin following @EconChiefGov @TheMFGInstitute and #mfgChat to follow the conversation.
• Check back on Commerce.gov later on Friday to see a summary of the conversation once it is completed at 1:30

 Be sure to follow @EconChiefGov on Twitter for the latest key economic indicators.

Guest blog post by Deputy Commerce Secretary Rebecca Blank

Yesterday, I spoke to the Council on Competitiveness Executive Board about how the Commerce Department, working with the National Economic Council, leads the administration’s efforts across the federal government to promote a vibrant manufacturing sector in the United States.

Manufacturing is vitally important to supporting an economy that is built to last. Manufacturing accounts for 90 percent of our patents, 70 percent of private sector R&D and 60 percent of our exports–including a record $1.3 trillion in goods exported last year. The manufacturing sector has grown strongly over the past two years. After decades of losing manufacturing jobs, the manufacturing sector has been adding jobs for over two years. In the past 25 months manufacturing has added nearly a half million new jobs and 120,000 of those came in the first three months of this year. Importantly, these tend to be high-paying jobs with good benefits.

Even with these improvements in the manufacturing sector, there is much more work to do to ensure America remains competitive. The Department of Commerce recently released a report, “The Competitiveness and Innovative Capacity of the United States,” that discusses some of the challenges the U.S. faces in retaining its global leadership, particularly in manufacturing, and lays out a policy agenda to address these challenges.

Commerce has long worked on this issue through its Manufacturing Extension Partnership at the National Institute of Standards and Technology, which supports centers in every state that consult with companies facing technological problems and puts them in touch with scientists and engineers who can help solve those problems. For every dollar of federal investment, the MEP generates around $30 in new sales growth. This translates into $3.6 billion in new sales annually.

Some of the more recent efforts within the Commerce Department to build a policy environment in which manufacturing can flourish include:

Guest blog post by Commerce Secretary John Bryson

I had the opportunity today to join President Obama on a visit to the Rolls-Royce Crosspointe facility in Prince George’s County, Virginia. This facility manufactures components of some of the company’s most advanced airplane engines.  The company announced that it is planning to add 140 new jobs at Crosspointe and more than 100 additional jobs in Indiana manufacturing components for aircraft wings. 

As I have said and as the President said today, we are fully committed to helping U.S. businesses build things here and sell them everywhere.  The Crosspointe facility is an important example of how we are doing just that, and it was remarkable to have the opportunity to see these efforts in action.

Crosspointe received a $4 million investment from the Commerce Department’s Economic Development Administration (EDA) to help establish the Commonwealth Center for Advanced Manufacturing (CCAM).  Later this summer, the CCAM, an applied research center developed by eight companies, the state of Virginia, and three leading state universities, will open its doors.  This will help bridge the gap from research to product development while supporting the skills that workers need to get good jobs in advanced manufacturing.  In addition, CCAM will form linkages to local community colleges to promote workforce training and high-skilled employment.  The project is expected to create 128 jobs, while at the same time strengthening advanced manufacturing in the immediate area, and generating $22 million in private investment.

Guest blog post by John Bryson, U.S. Secretary of Commerce

Today’s employment numbers are yet another indication that our economy is moving in the right direction. The unemployment rate dropped to 8.3 percent and 243,000 jobs were added in January, making this the 23rd consecutive month of job growth. Private sector job growth has been driving the decrease in unemployment, with the private sector adding 257,000 jobs last month. The manufacturing sector alone grew by 50,000 jobs in January, showing that manufacturing is still an important and growing part of the American economy. In the last two years, manufacturing added 330,000 jobs in the U.S. – the strongest growth since the 1990s. And today, we learned that new orders for manufactured goods rose 1.1 percent in December 2011.

Despite this, our work remains far from over. We need faster economic growth to put Americans back to work and we won’t let up until everyone who wants a job can find a job. We must redouble our efforts to create an economy that is built to last. 

So what does that mean?  I can tell you first hand.  Over the past 10 days, I’ve traveled to Norfolk, Columbus and Pittsburgh to talk with businesses that are on the front lines of strengthening the elements of an economy built to last: American manufacturing, American energy, and training for American workers.

I’ve talked with manufacturers who are making everything from mattresses to advanced batteries. My message to them is a simple one: This Administration – this Department – wants to help more businesses like yours build it here and sell it everywhere.

We can and must build on the momentum the economy has gained in four key ways.