Updated
Updated · reveliolabs.com · Jun 16
Foreign-Headquartered Firms Employ 11.4% of US Workers, With IT Consulting at 41.1%
Updated
Updated · reveliolabs.com · Jun 16

Foreign-Headquartered Firms Employ 11.4% of US Workers, With IT Consulting at 41.1%

3 articles · Updated · reveliolabs.com · Jun 16

Summary

  • 11.4% of US workers are employed by companies whose ultimate parent is based abroad, according to a Revelio Labs analysis of online professional-profile data.
  • 41.1% of US employees in IT consulting work for foreign firms—the highest industry share—while food and hospitality follows at 36%, underscoring how overseas employers cluster in market-facing sectors.
  • Texas, New Jersey and New York have the heaviest exposure, with foreign companies employing more than 13% of each state’s workforce, helped by concentrations in manufacturing, pharmaceuticals, finance and consulting.
  • UK-headquartered firms account for about 2% of all US workers—nearly double Canada’s share—while German, Japanese and French companies each employ roughly 0.85%.
  • Foreign employers also skew toward engineering, sales and operations roles, suggesting trade, investment and geopolitical decisions made overseas can directly affect a sizable slice of the US labor market.

Insights

As global tensions rise, are the 11% of US jobs at foreign firms becoming more insecure?
Will AI cause foreign firms to reduce their US-based engineering and sales roles?
How will foreign mega-mergers, like the proposed T-Mobile deal, impact American workers and consumers?