Commerce.gov is getting a facelift soon. See the new design.
Syndicate content

Blog Category: Jobs

U.S. Commerce Secretary John Bryson Delivers Remarks to Silicon Valley Business Leaders

Secretary Bryson addresses the Silicon Valley Leadership Group in San Jose, CA.

Commerce Secretary John Bryson delivered remarks and participated in a discussion today at the Silicon Valley Leadership Group (SVLG) annual “CEO Business Climate” Summit at IBM in San Jose, Calif. Bryson focused on the ways the administration is supporting American competitiveness and innovation.

In the past 25 months, the United States has added nearly four million jobs, and SVLG reported today that more than 60 percent of their members had added jobs last year. These jobs help continue to strengthen the country’s economic recovery, and Bryson laid out a few of the ways to helping businesses keep that momentum going.

Bryson discussed the importance of investment in the U.S. by both domestic and foreign firms, including through the Commerce Department’s SelectUSA initiative.

He also emphasized the importance of science, technology, engineering and mathematics (STEM) fields, where many job openings exist. The president’s 2013 budget requests $3 billion in STEM programs across the federal government. In addition, this week, President Obama is calling on Congress to pass legislation that would prevent interest rates from doubling for seven and one-half million students starting July 1.

U.S. to See Boost in International Tourism

Secretary Bryson Speaking at the U.S. Travel Association's International Pow Wow

U.S. Commerce Secretary John Bryson has announced that the U.S.’ number-one services export, travel and tourism, is growing stronger, creating jobs and boosting the American economy.

The Secretary announced today that the United States can expect to see a 4-5 percent average annual growth in tourism over the next five years, predicting that 65.4 million foreign travelers are projected to visit the United States in 2012 alone.

The Spring 2012 Travel and Tourism Forecast, released semi-annually by the International Trade Association (ITA), predicts continued strong growth in tourism to the U.S. following two consecutive record-setting years.

Secretary Bryson announced the Forecast at the U.S. Travel Association’s International Pow Wow annual event in Los Angeles, where he delivered remarks before more than 5,000 people from 70 countries from the travel and tourism industry.

Commerce’s Office of Innovation and Entrepreneurship Invests in the Jobs and Industries of the Future

EDA logo-banner

Guest blog by Matt Erskine, Acting Assistant Secretary for Economic Development

To mark the one-year anniversary of the White House Startup America Initiative, in January President Obama sent Congress a proposal to expand tax relief and unlock capital for startups and small businesses that are creating jobs.

When he launched the initiative a year ago, the president sought to promote the success of entrepreneurs across the country. The private sector responded with the Startup America Partnership, launching new entrepreneurial networks all across the country. AOL co-founder and member of the President’s Jobs Council, Steve Case, and the Kauffman Foundation joined to form the Startup America Partnership, which is a nonprofit alliance of entrepreneurs, major corporations and service providers that has mobilized more than $1 billion in business resources to serve as many as 100,000 startups over the next three years.

This year, the administration unveiled several new agency actions to accelerate the growth of young, job-creating companies, at the same time that new entrepreneur-led regional coalitions are launching throughout the nation.

One of those efforts will fuel regional innovation. In the coming months, the Department of Commerce’s Economic Development Administration (EDA), along with several Federal partners, will launch the third round of the i6 Challenge, a multiagency competition which funds regional collaborations to bring innovative, ground-breaking ideas from the lab to the marketplace, creating new startups and jobs across the country. Commerce is also launching a new initiative to connect entrepreneurs with the resources made available through the Startup America Partnership and its partners.

Creating High-Quality Jobs in Growing Industries through Public-Private Partnerships

Sandia Science and Technology Park

Guest blog post by Acting Assistant Secretary for Economic Development Matt Erskine

There are dynamic collaborations and initiatives supporting regional growth strategies across the country. Today, I addressed a group of entrepreneurs, venture capitalists and technology commercialization leaders brought together by Technology Ventures Corporation during their Deal Stream Summit. This premier conference seeks to facilitate investment partnerships between federal labs, start-ups, innovators, and the venture community to bolster commercialization of technology and increase competitiveness. I discussed the Obama administration’s commitment to advancing innovation and accelerating the commercialization of new technologies to the marketplace.

Earlier in the day, I visited the Sandia Science and Technology Park in Albuquerque, New Mexico. With their focus on advanced technologies, technology parks such as this are vital to America’s economic future. These public-private ventures bring together innovators with entrepreneurs and transform theoretical ideas for the marketplace. It’s quite a dynamic environment for the businesses located there, such as ATA Aerospace, Emcore Photovoltaics, and Nanogenesis. And the end results? They include the development of new and unique products, the creation of high-quality jobs, the growth of vibrant communities, and an improvement in the quality of life—both in the immediate region and well beyond.

$200 Million Post-Disaster Funding to Help Jumpstart Regional Economies

Official EDA seal

Guest blog post by Acting Assistant Secretary for Economic Development Matt Erskine

When a natural disaster hits a community—whether it is a flood, a tornado, or any other kind of disaster—it does more than wreak havoc on homes and personal lives. It also has devastating, long-term effects on the economic life of those communities, destroying vital infrastructure, such as public utilities, transportation links, and communications systems on which businesses depend.

I’m happy to announce today that the U.S. Department of Commerce’s Economic Development Administration (EDA) is making available $200 million in funds for communities affected by disasters in fiscal year 2011. These funds are designed to mitigate those long-term effects on business infrastructure and allow communities to bring their economies, and the jobs that come with them, back to life.

It’s no secret that the funding EDA provides is vital to ensuring the long-term economic health of communities affected by a disaster. In Joplin, Missouri, for example, EDA provided $341,000 after that community was devastated by tornadoes in 2010. Those funds allowed the state to hire economic recovery coordinators who were instrumental in building strong public-private partnerships that have been critical to restoring the economic vitality of that region.

Making America a Top Tourist Destination: Commerce and Interior Keep Up Efforts to Increase Visitation

Guest blog post by Commerce Secretary John Bryson and Interior Secretary Ken Salazar

This month, more than a million visitors from across the country and around the world are coming to our nation’s capital to see the cherry blossom trees that bloom each spring among some of America’s most treasured historical landmarks. From the purchase of airline tickets to dining in area restaurants to staying in hotels, these visitors are infusing millions of dollars into the community and supporting local businesses.
 
As we search for ways to grow our nation’s economy, we must not overlook the travel and tourism industry as a source for economic opportunity. According to data released by the Commerce Department earlier today, tourism spending increased 8.1 percent in 2011 and supported an additional 103,000 jobs, for a total of 7.6 million jobs.
 
A big factor in the increase was a surge in international visitors to our country: in 2011, 2.5 million more international visitors came to the United States compared with the previous year. These international visitors spent an all-time record of $153 billion on U.S. travel and tourism-related goods and services.
 
As this data reveals, the travel and tourism industry is one of the most important engines of our economy—in fact, it is our number-one service export. That is why President Obama recently announced the creation of a Task Force on Travel and Competitiveness, which charged us with leading efforts to develop recommendations for a National Travel and Tourism Strategy to promote travel throughout the United States.

NACIE Promotes Innovative Lab-to-Market Strategies to Spur Economic Growth

Erskine and Kappos at NACIE meeting

Guest blog post by Acting Assistant Secretary Matt Erskine, Economic Development Administration

Today I joined my colleagues, Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office David Kappos and Associate Director for Innovation and Industry Services at the National Institute of Standards and Technology Phillip Singerman, at a meeting of the National Advisory Council on Innovation and Entrepreneurship (NACIE) in New Orleans. The quarterly meeting of NACIE’s board coincided with local Entrepreneurship Week activities and brought together over 250 entrepreneurs, innovators and business leaders to discuss how we can best support them.

NACIE is a public-private partnership started by the Department of Commerce to provide guidance on how we can best support the growing businesses that will create the jobs and industries of the future. When I addressed the forum, I highlighted the Obama administration’s commitment to making investments in innovation and entrepreneurship including the recently announced $15 million Rural Jobs and Innovation Accelerator Challenge, which will boost rural innovation clusters and the soon-to-be-announced next round of the i6 challenge to reward innovative, groundbreaking ideas that accelerate technology commercialization.

Secretary Bryson Meets with Advanced Manufacturing Partnership Steering Committee

Nanofabrication facility at NIST where manufacturers come to study new ways to make advanced computer chips, nanoscale batteries, and other high-tech products.  Photo credit:  Photo by Kristen Dill

Yesterday, U.S. Commerce Secretary John Bryson delivered remarks at a meeting of the Advanced Manufacturing Partnership (AMP) Steering Committee. At yesterday’s meeting, held at the White House, the Steering Committee discussed recommendations targeting issues in manufacturing, focusing on technology development, policy, education and workforce development, and shared facilities and infrastructure.

AMP is a collaboration between industry, academia and government leaders to accelerate the development of the U.S. advanced manufacturing sector and to shape the administration’s Advanced Manufacturing Strategy. AMP is guided by a Steering Committee, which is co-chaired by Andrew Liveris, President, Chairman and CEO of the Dow Chemical Company, and Susan Hockfield, President of the Massachusetts Institute of Technology. Their final report will be reviewed by PCAST, the President’s Council of Advisors on Science and Technology, in April. Though AMP is still at work on the recommendations, several were prioritized for early action and implementation by Secretary Bryson.

Acting Deputy Secretary Rebecca Blank Swears In Nine New Patent Judges to Help Reduce Patent Backlogs

Acting Deputy Secretary Blank Delivers Remarks at Swearing-In Ceremony for New Patent Judges

Guest blog post by Acting Deputy Secretary of Commerce Rebecca Blank

As part of our ongoing efforts to make government more accountable to the American people and cut wasteful spending, this afternoon I had the honor of swearing in nine new administrative patent judges who will help reduce patent backlogs. These nine talented and dynamic individuals will serve on the Board of Patent Appeals and Interferences in the U.S. Patent and Trademark Office (USPTO), joining the dedicated public servants at USPTO who support millions of jobs in the intellectual property industry.

Today, a high share of companies regularly relying on robust intellectual property (IP) protections to attract investor capital and stay competitive. These IP-intensive firms create an average of three million U.S. jobs per year. More than ever, we must be efficient and effective in helping entrepreneurs protect their intellectual property.

America’s entrepreneurs are the primary source of new ideas that drive innovation. Entrepreneurs provide us with better production processes, new advances in health, and improved consumer products. These are people who can move from ideas to products and from products to the marketplace. These activities strengthen our economy and our global competitiveness. And they create jobs.

President Obama Announces New Steps to Promote Manufacturing, Increase U.S. Exports

Jim Albaugh, President and CEO of Boeing Commercial Airplanes, President Obama with Jim McNerney, CEO and chair of the PEC (Photo: Boeing)

Last Friday, President Obama visited the Boeing assembly facility in Everett, Washington to announce new steps to promote American manufacturing and increase U.S. exports. Manufacturing represents nearly 60 percent of total U.S. exports, and Boeing, whose CEO Jim McNerney is Chair of the President's Export Council (PEC), is one of the country’s leading exporters of manufactured goods with more than $34 billion in total exports in 2011. The PEC is chartered  to advise the president on real ways to boost innovation, competitiveness, and trade for American businesses. Mr. McNerney brings great skill and know-how to the PEC.

The Obama administration has provided important support to Boeing’s export success, and the president has made unprecedented efforts to open up markets for American goods and to level the playing field for all American companies.  Over the past year, the president has signed into law a series of trade agreements that will provide a major boost to our exports by making it easier for American companies to sell their products in South Korea, Colombia, and Panama. In addition, record-setting efforts at the Export-Import Bank–through direct loans, credit guarantees, and credit insurance–have helped U.S. exports remain on target to meet the president’s goal to double exports between 2010 and 2015.