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Employment in every sector of the U.S. space industry analyzed in The Space Report 2009 grew between 2003 and 2007 with the exception of satellite telecommunications. The end of the telecom bubble in 2000 and 2001 prompted restructuring within the satellite telecommunications industry, including consolidation among operators.
Read MoreThe estimate of U.S. space industry core employment calculated in The Space Report 2009 is derived from the total of the most recent workforce numbers from the ## North American Industry Classification System (NAICS) codes in Exhibit 4b, below. As Exhibit 4c shows, ## Americans worked in the space industry in 2007.
Read MoreThe impact of the 2008 credit crisis on space industry employment levels cannot yet be measured with the statistics available. Through 2007, whether U.S. space employment and earnings potential is measured by the six core space industry segments or by the nine key space-related occupations profiled here, it is clear that U.S. space professionals enjoy high salaries and real wage growth.
Read MoreThe Space Report 2009 builds on the baseline U.S. space employment analysis introduced in 2008. Drawing upon the most recent data, released by the U.S. Bureau of Labor Statistics (BLS) in 2007, the report surveys employment and salary numbers for the six space-related industry sectors described in Exhibit 4b.
Read MoreInvestment in space creates measurable benefits that flow across a wide spectrum of economic activity. The greatest investment that the space industry can make is in its people. The global space economy creates high-paying jobs and also stimulates demand for products and services in industries not directly linked to space.
Read More2008 was a challenging year for the world in many ways, and the space industry has not been immune to these challenges. Despite the systemic problems besetting the economy, positive developments in global space activity point to a continuing robust role for space industry.
Read MoreTwo competing influences shape the near-term prospects of space astronomy: the burgeoning worldwide development of astronomical technology and human talent, and the decrease in governmental support for basic science brought…
Read MoreThe credit crisis in 2008 reduced capital available to commercial companies interested in investing in the space sector. This crisis and the cooling down of economies around the globe has…
Read MoreThe activities of spacefaring nations increased in 2008, and the policies of those and other countries continue to evolve. These policy changes often reflect the need to fund or authorize…
Read MoreThe United States, Europe, and Japan all took steps in 2008 that will affect the direction and prominence of their military space activities in coming years. The increasing reliance of…
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