19
Jan
11

where’s the change? right here….

Wall Street Journal: U.S. manufacturing, viewed as a lost cause by many Americans, has begun creating more jobs than it eliminates for the first time in more than a decade.

As the economy recovered and big companies began upgrading old factories or building new ones, the number of manufacturing jobs in the U.S. last year grew 1.2%, or 136,000, the first increase since 1997, government data show. That total will grow again this year, according to economists at IHS Global Insight and Moody’s Analytics.

Among others, major auto makers—both domestic and transplants—are hiring. Ford Motor Co. announced last week it planned to add 7,000 workers over the next two years.

The economists’ projections for this year—calling for a gain of about 2.5%, or 330,000 manufacturing jobs—won’t come close to making up for the nearly six million lost since 1997. But manufacturing should be at least a modest contributor to total U.S. employment in the next couple of years, these economists say.

After a steep slump during the recession, manufacturing is “the shining star of this recovery,” says Thomas Runiewicz, an economist at IHS. He expects total U.S. manufacturing jobs this year to rise to about 12 million….

Read the full article here


5 Responses to “where’s the change? right here….”


  1. 1 Fred
    January 19, 2011 at 6:15 pm

    my draw dropped when Jon Kyl who went on Bloomberg and claimed that it was because of Republicans and the tax cuts that manufacturing has created jobs 😮

    I just had to yell at my tv that manufacturing jobs have grown steady for the past 10 months! 😡

    these people have a lot of audacity to claim that they should get rewarded

  2. 4 vitaminlover
    January 19, 2011 at 6:51 pm

    Our President is prevailing yet again. The truth always prevails. Great news.

  3. 5 alicelmcgee@fullservicenetwork.net
    January 19, 2011 at 8:22 pm

    Mr. buddy:: So proud of our President and Ms.::Beautiful, intelligent modern couple::Joy to see tonight after all the rotten Republican rhetoric today!!


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