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Projected Jobs Supported by Exports, 2009 and 2010
The International Trade Administration’s 2010 report “Exports Support American Jobs” provided preliminary estimates for jobs supported by exports for 2009 and for the value of exports that support one job for 2009 and 2010. This Economic Brief attempts to improve projections, provide transparency in making the projections, and provides revised estimates for 2009 and 2010. The revised estimates of jobs supported by exports are 8.7 million in 2009 and 9.2 million in 2010. The value of exports that supports one job was $164,000 in 2009 and $181,000 for 2010. That is, the value fell slightly from 2008 to 2009 because of the recession and softness in export prices. In 2010, the value increased to $181,000 as export prices and productivity strengthened.
(July 2011)
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