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 276,400 workers in New Jersey.
New Jersey ranks first in the country in the share of its workforce supported by U.S. subsidiaries.
New Jersey has proven to be an attractive location for international employers, ranking 7th 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 8% of New Jersey's private-sector workforce.
U.S. subsidiaries’ employment in New Jersey is heavily concentrated in manufacturing. More than 40% of these jobs are in manufacturing industries.
U.S. subsidiaries support 98,400 manufacturing workers in New Jersey.