Manufacturing sector sheds 78K jobs in last three months – IOTW Report

Manufacturing sector sheds 78K jobs in last three months

FOX Business

The manufacturing sector continued to shed jobs in October, bringing its tally of job losses to 78,000 over the past three months.

The Labor Department’s Bureau of Labor Statistics on Friday released its jobs report for October, which found that the manufacturing sector lost 46,000 jobs last month, according to the agency’s preliminary analysis.

That followed a loss of 6,000 jobs in September, which is also a preliminary figure, as well as a decline of 26,000 jobs in August.

Manufacturing’s job losses in September included a decline of 44,000 in the transportation equipment manufacturing industry due to strike activity. That can be partially attributed to the ongoing strike by roughly 33,000 unionized machinists at Boeing.  more here

3 Comments on Manufacturing sector sheds 78K jobs in last three months

  1. There will be DRAMATIC job losses in 2025, because Trump won.
    They will all be government jobs though – jobs that are nonproductive but costly to taxpayers – and will be offset by MASSIVE job gains in the private sector.

    3

Comments are closed.