Employment and Wages in Foreign-Owned Businesses in the USA — 1994-12-15

Employment in foreign-owned business establishments in the United States averaged 4.8 million, or 5.4 percent of total private employment, in the fourth quarter of 1991, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. Workers in foreign-owned U.S. establishments earned about $2,700 per month on average, 23 percent more than workers in all U.S. establishments in the private sector in fourth quarter 1991. This news release is based on data derived by matching information from the Covered Employment and Wages (ES-202) program of BLS and the Annual Survey of Foreign Direct Investment of the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce. The data contained in this news release refer to private sector employment and wages for workers covered by state unemployment insurance programs. Employment in foreign-owned U.S. establishments as a percentage of employment in all U.S. establishments varied among industries.