Deloitte’s new survey shows aerospace sector is flying high again
NATIONAL — After several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., according to Deloitte’s new U.S. Aerospace & Defense Labor Market Study. This reverses a five-year trend that resulted in employment decreases of 9.4 percent, of which about 185,000 jobs were lost in the defense subsector.
While aerospace and defense sector employees are found in every state, seven states accounted for half of all aerospace and defense sector employees in the U.S. The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. This does not include those employed in the public sector.
“The U.S. aerospace and defense sector continues to be one of the top employers in the U.S. economy, even with the five-year decrease in total employment,” said Tom Captain, vice chairman, Deloitte LLP, and aerospace and defense leader. “This sector’s jobs are also paying almost twice the national average, leading to greater economic value creation. A return to growth will be healthy for innovation, product development and game-changing technology creation—a cornerstone of this industry.”
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