Workers Per Establishment: Structural Shifts in Manufacturing

Recently, we wrote about employment growth in manufacturing. Here, we look at manufacturing growth in terms of workers per establishment. Prior to the recession, the average number of workers per manufacturing establishment had been declining. During the recession, the decline accelerated before recovering somewhat and then plateauing at an average of about 36 workers per establishment in 2012. Most manufacturing sub-sectors (three-digit NAICS codes) followed the same general trend.

R&D Employment: Innovation and Growth

Studies show a positive relationship between innovation and growth. Companies with a higher degree of R&D orientation grow faster than other firms. Further, nations with greater expenditures on R&D as a percentage of GDP also experience faster economic growth.

2016 Employment Projections by Educational Requirements

The Bureau of Labor Statistics recently released its employment projections for 2016, forecasting the change of employment by occupation ten years into the future. Included in this analysis is the attribution of each occupation to a specific category of “typical education for entry.” Grouping the employment numbers and estimates by these categories, we are able to see how employment is likely to change across various levels of educational attainment.