Manufacturing Employment Highest Since January 2009

The National Association of Manufacturers (NAM) published an economic post this week, reporting, “The Bureau of Labor Statistics reported that manufacturers added 25,000 workers in December, extending the strong hiring gains in the sector seen throughout much of 2017. Manufacturing employment rose by 16,333 per month on average in 2017—quite a turnaround from the loss of 16,000 workers per month in 2016. This is a sign that firms have stepped up their hiring as a result of a stronger economic outlook and increased demand and production activity. Indeed, since the end of the Great Recession, manufacturing employment has risen by 1,086,000 workers, with 12.54 million employees in the sector in this report. That is the highest level of manufacturing employment since January 2009.”

See the post for more insights and indicators about the manufacturing economy. 1/9/2018

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