StandWithUs

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StandWithUs (SWU) is an international and non-partisan Israel education organization that inspires and educates people of all ages and backgrounds, challenges misinformation and fights antisemitism.

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Facts

Israel Creates Jobs in America

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The US-Israel relationship is based on shared values and interests, and offers direct economic benefits to the American people. 

U.S. aid to Israel creates jobs in America

 

  • Israel is pledged to spend all of the military aid it receives from the U.S. (roughly $3.8 billion) on products manufactured across America[1]. 

  • This spending directly supports over 20,000 jobs and indirectly supports thousands of other jobs according to estimates[2]. 

  • More than 1,000 companies in 48 states, the District of Columbia, and Puerto Rico have signed contracts worth billions of dollars through the U.S. aid to Israel program[3].

Israeli investments create jobs in America

 

  • Since 1985, when the US-Israeli free trade agreement was signed, trade has grown to over $40 billion dollars annually.  Israel has become America’s 23rd largest trading partner[4].

  • Trade with Israel alone supported 254,563 American jobs between 2009 and 2014[5].

  • Many Israeli companies, including Given Imaging, Amdocs, Netafim, and BrightSource, have opened offices in the United States.

U.S.-Israel cooperation creates jobs in America

 

  • The Binational Science Foundation (BSF), Binational Industrial Research and Development Foundation (BIRD), and Binational Agricultural Research and Development Foundation (BARD) are joint projects of the U.S. and Israeli governments.

  • Their goal is to stimulate, promote, and support cooperation between American and Israeli businesses and scientists[6].

  • These organizations have helped create anywhere between 18,000 and 200,000 jobs in the U.S. depending on the estimates used[7].

Israel helps train American innovators and job creators

 

  • Cornell University and Israel’s Technion have joined forces to create the Technion-Cornell Innovation Institute in New York City. This new university will train the next generation of American leaders in technology and innovation[8].

Citations: 

 

1  FACT SHEET: Memorandum of Understanding Reached with Israel
https://www.whitehouse.gov/the-press-office/2016/09/14/fact-sheet-memorandum-understanding-reached-israel df
2. Dave Schechter, “Aid to Israel, and the bang for those bucks,” CNN, January 31, 2009, at http://ac360.blogs.cnn.com/2009/01/31/aid-to-israel-and-the-bang-for-those-bucks
3.Mitchell Bard, “Myths & Facts Online: U.S. Middle East Policy,” Jewish Virtual Library, n.d., at www.jewishvirtuallibrary.org/jsource/myths3/MFUSpolicy.html#10  
4. Jeremy M. Sharp, “U.S. Foreign Aid to Israel,” Chereongressional Research Service, March 12, 2012, at www.fas.org/sgp/crs/mideast/RL33222.pdf
5.  "The US-Israel Economic Relationship Factsheet." Israel Allies News. March 2016. http://www.israelallies.org/usa/resources_archive/the_us-israel_economic_relationship_factsheet/
6.  United States-Israel Binational Science Foundation, “About,” n.d., at www.bsf.org.il/BSFPublic/DefaultPage1.aspx?PageId=11&innerTextID=11;  BIRD, “What is BIRD,” n.d., at www.birdf.com/?CategoryID=317&ArticleID=374; United States-Israel Binational Agricultural Research and Development Fund, “Mission,” n.d., at www.bard-isus.com/local.aspx?lfidl=2  
7. Economic Strategy Institute, “A Certain Future for the U.S.-Israel Technology Partnership,” December 2011, at www.birdf.com/_Uploads/dbsAttachedFiles/BinationalFoundationsReportPrestowitzDec2011.pdf

8.Cornell University, “Cornell Now 2015,” n.d., at http://now.cornell.edu/nyctech

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