When companies based abroad invest in the United States and create jobs for Americans.
State Insourcing Jobs:
Private Sector Workforce Employed by FDI:
U.S. subsidiaries in New Jersey play a vital role in supporting jobs. They now employ 244,800 workers in New Jersey—an increase of 6% since 2002.
New Jersey has proven to be an attractive location for international employers, ranking 8th in the United States in the number of employees supported by U.S. subsidiaries.
In fact, the relative portion of jobs in New Jersey supplied by U.S. subsidiaries remains significant. They provide the livelihood for more than 7% of New Jersey's private-sector workforce.
New Jersey ranks 4th in the country in the share of its workforce supported by U.S. subsidiaries.
U.S. subsidiaries’ employment in New Jersey is heavily concentrated in manufacturing. More than 30% of these jobs are in manufacturing industries.
U.S. subsidiaries support 79,100 manufacturing workers in New Jersey.