Japanese Auto Industry Accounts for 1.36 Million American Jobs

| August 17, 2014

Japanese car companiesAccording to the latest data, Japanese-branded automobile companies’ production and R&D facilities and dealer networks contribute to an estimated 1.36 million private sector U.S. jobs.

This represents more than 10% growth since 2011.

Specifically, Japanese-branded automakers directly employed 82,816 workers in 2013.

The group’s manufacturing activities generated or supported an estimated 224,000 intermediate jobs (suppliers of goods and services), with another 393,000 jobs resulting from consumer spending by those in the direct and intermediate positions – totaling close to 700,000 jobs. Japanese-branded new vehicle dealers’ direct and intermediate employment totaled 423,568 in 2013, with 319,568 resulting from direct employment and 104,000 resulting from intermediate employment.

Another 240,000 jobs were spinoffs from the direct and intermediate workers’ consumer spending, totaling more than 663,000 jobs tied to dealerships. All told, production and new vehicle dealers provide $85.1 billion in total compensation and $63 billion in disposable income.

The data analyzed by Rutgers University Professor Dr. Thomas Prusa and commissioned by the Japan Automobile Manufacturers Association (JAMA) USA.

Category: Featured, General Update, Management

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