Hoyer Delivers Speech on “Make It In America” Plan

Washington, D.C.
 – Congressman Steny H. Hoyer (MD-5) delivered a speech today on the role of manufacturing in building a strong and competitive economy. He also announced a new list of bills as part of the Democrats’ Make It In America plan, which combines business tax reforms with strategic investments in education, technology and infrastructure to enable manufacturers to expand operations and add jobs. Ultimately, the goal of Make It In America is to maintain the United States’ economy as the strongest in the world.

Below, you will find Congressman Hoyer’s inspiring address in its entirety.

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New U.S. Commerce Department Report: Manufacturing Jobs Provide Higher Pay, More Benefits

The next time you see an article on manufacturing in the local press, social media or blog, respond with some of the facts below on “The Benefits of Manufacturing Jobs”.

U.S. Commerce report: http://www.esa.doc.gov/news/2012/05/09/new-us-commerce-department-report-manufacturing-jobs-provide-higher-pay-more-benefit

WASHINGTON, D.C., May 9, 2012 – The U.S. Commerce Department’s Economics and Statistics Administration (ESA) today released “The Benefits of Manufacturing Jobs,” an analysis of wages and benefits of manufacturing workers, which finds that total hourly compensation for manufacturing workers is 17 percent higher than for non-manufacturing workers.  This includes premiums in both wages and employer-provided benefits, such as health insurance and retirement plans.The report finds that in addition to higher compensation for manufacturing jobs, the share of manufacturing workers with more than a high school degree has been steadily increasing, and now more than half of all manufacturing workers have at least some college education.  Further, manufacturing jobs are more STEM (science, technology, engineering, and math) intensive than non-manufacturing industries.  According to the Bureau of Labor Statistics, manufacturing employment has expanded by nearly 500,000 jobs or 4 percent since January 2010 — the strongest cyclical rebound since the wake of the dual recessions in the early 1980s.