Blog Post from Organization for International Investment
Insourcing Jobs by State
March 28, 2008
Written by: Nancy McLernon
Interested in how many people work for U.S. subsidiaries of foreign companies in your state? U.S. subsidiaries support jobs in every state across the country. Go to OFII's "Insourcing Jobs by State" report to find yours.
According to the OFII study, U.S. subsidiaries of companies headquartered abroad support 5.1 million American jobs, with an annual payroll of close to $336 billion. The study, based on the latest available data released by the Department of Commerce, shows that insourced jobs continue to be an integral part of the U.S. economy, representing 4.4 percent of the entire private industry workforce. The latest numbers also show that U.S. subsidiaries are heavily concentrated in the manufacturing sector, supporting about 11 percent of total U.S. manufacturing jobs.
The following are the top five states with the most jobs supported by U.S. subsidiaries: California (542,600 insourced jobs), New York ( 378,000 insourced jobs), Texas (344,600 insourced jobs), Pennsylvania (233,200 insourced jobs) and Illinois (226,400 insourced jobs).
To see who made the list of top 20 states with the most insourced jobs, click here.
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