Wednesday, June 16, 2010

Manufaturing Jobs Recovery

Factories nationally have added 126,000 workers to payrolls since the start of the year, according to Labor Department data. Manufacturers boosted payrolls by 29,000 in May, a fifth consecutive gain, the workweek lengthened and the average amount of overtime climbed to the highest level in two years as production accelerated on factory floors.

“The manufacturing recovery is continuing at a pretty rapid pace into the middle of the year,” said Zach Pandl, an economist at Nomura Securities International Inc. in New York. “So far, we have seen no signs of spillover from Europe to the U.S.”
http://www.businessweek.com/news/2010-06-15/u-s-economy-manufacturing-is-sustaining-recovery-update1-.html

No comments:

Post a Comment