The employment numbers out today from the Bureau of Labor Statistics are not great – we have now hit 8.5% unemployment nationally. Since December 2007, the U.S. has lost 5.1 million jobs, with two-thirds of that decrease happening in the past five months. Job losses were widespread.
Wholesale trade saw a decline of 31,000 in March, with nearly all the decline in durable goods.
How did manufacturing and construction fare?
According to data found here, manufacturing employment in March fell by 161,000, with widespread losses among component industries. Factory employment fell by 1 million over the past six months. The largest decreases in March were in fabricated …
How Did Manufacturing & Construction Fare in March Employment Reports?
The employment numbers out today from the Bureau of Labor Statistics are not great – we have now hit 8.5% unemployment nationally. Since December 2007, the U.S. has lost 5.1 million jobs, with two-thirds of that decrease happening in the past five months. Job losses were widespread.
Wholesale trade saw a decline of 31,000 in March, with nearly all the decline in durable goods.
How did manufacturing and construction fare?
According to data found here, manufacturing employment in March fell by 161,000, with widespread losses among component industries. Factory employment fell by 1 million over the past six months. The largest decreases in March were in fabricated …
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- Filed In: Economic Trends, Free, Research & Analytics, Subscriber Only
About the Author
Lindsay Young
Lindsay Young is the president of 3 Aspens Media, a B2B content strategy and marketing content firm that works with distributors to translate their offline expertise – online. She has more than 20 years of experience leading and producing online and print content for publications and businesses. She leads a team of 12 writers, client success managers, designers, marketing specialists and strategists to produce content that helps companies translate their benefits to key decision-makers. She was previously the editor of Modern Distribution Management.
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