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!!

Comments are currently closed.







Enter your email address to receive notifications of new posts by email.



RSS Obama White House.gov

  • An error has occurred; the feed is probably down. Try again later.

RSS WH Tumblr

  • An error has occurred; the feed is probably down. Try again later.

RSS Steve Benen

  • Pfizer says its Covid vaccine is safe and effective for children ages 5 to 11
  • Manchin suggests pausing talks on $3.5T package until 2022: Axios
  • 'Unnecessary collateral damage': France recalls ambassador to U.S. in protest
  • Pediatrician on school board faces public anger over mask recommendation
  • Former FDA commissioner notes 'systemic shortcomings' in Covid response



Blog Stats

  • 43,101,893 hits
January 2011

%d bloggers like this: