Smart Manufacturing Jobs Pay and Pay Well

Aug. 13, 2012

The New Hampshire Center for Public Policy Studies reports that as of 2009, there were over 3,700 smart manufacturing/high technology (SMHT) companies in New Hampshire, employing almost 80,000 people, and paying an average wage of more than $1,200 per week. The report also says that wages and benefits paid by SMHT companies in the state increased from $3.7 billion in 1990 to $6.4 billion in 2009, even as the number of manufacturing jobs in New Hampshire declined (from 109,000 in 1990 to 80,000 in 2009).

The New Hampshire Center for Public Policy Studies reports that as of 2009, there were over 3,700 smart manufacturing/high technology (SMHT) companies in New Hampshire, employing almost 80,000 people, and paying an average wage of more than $1,200 per week. The report also says that wages and benefits paid by SMHT companies in the state increased from $3.7 billion in 1990 to $6.4 billion in 2009, even as the number of manufacturing jobs in New Hampshire declined (from 109,000 in 1990 to 80,000 in 2009).

The higher-skill, higher-wage jobs created by the manufacturing sector are also having a strong economic impact. With a weekly wage estimated at 40 percent higher than the typical weekly wage, every 100 jobs created in this sector has a multiplier effect of 138 jobs throughout the rest of the state economy.

Learn more about the report by reading "Smart manufacturing: Jobs pay more than $60K a year."