Farms.com Home  › News

Graphic: US Agricultural Exports Support 1.25 Million Jobs

By Mónica Cordero

In 2022, U.S. agricultural exports supported approximately 1.25 million full-time civilian jobs, totaling more than $197 billion.

These jobs are measured in full-time equivalents (FTEs), meaning the conversion of hours worked as if they were full-time positions. This translates to roughly 6,338 jobs for every $1 billion in agricultural exports. 

These figures are based on the latest estimates from the Economic Research Service’s Agricultural Trade Multipliers (ATM), which provide annual assessments of the employment and economic output impacts of farm and food product trade on the U.S. economy.

Click here to see more...

Trending Video

Brazil Elections Surprise Markets + Stock Market Halloween

Video: Brazil Elections Surprise Markets + Stock Market Halloween

Surprise Brazil election results impact currency & grains markets.
US stock markets suffered a Halloween rout.
Cattle markets also sell-off.
Strong weekly USDA exports.
US mid-term elections impact on markets.
US Fed Reserve kept interest rates unchanged.
Bank Of Canada raised rates.
Binance suffers major security breach.
CFTC