28 May '13, 5pm

The ripple effect: Semiconductor employment across America

The ripple effect: Semiconductor employment across America

It’s no secret that innovation drives America’s economy and that semiconductors, as the foundation of modern technology, have given rise to countless new industries and the jobs that come with them. A recent SIA analysis of government data shows the extent of the semiconductor industry’s tremendous impact on job creation and economic growth. According to the analysis of data from the U.S. Bureau of Labor Statistics (BLS), the U.S. semiconductor industry now employs almost 250,000 workers directly and supports more than 1 million additional jobs throughout the broader U.S. economy. These supported jobs do not even include the millions of downstream electronics jobs in the U.S. that semiconductors enable. Instead, this figure only comprises the jobs created by the semiconductor industry in supplier sectors, as well as jobs created through re-spending effects of semiconductor...

Full article: http://www.eetimes.com/electronics-blogs/other/4415202/Th...

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