The Bureau of Labor Statistics reported July 8th that hiring in the U.S. manufacturing sector added new jobs at a steady rate in June, while unfilled positions in the sector declined.
In June, U.S. manufacturers added 29,000 new positions, while the economy added 372,000 jobs in June and the unemployment rate remained steady at 3.6%.
Meanwhile, the latest Job Openings and Labor Turnover survey finds that after hitting an all-time high of one million jobs in April, the number of job openings in manufacturing declined to preliminary 797,000 in May, suggesting the hiring in the sector may be turning a corner following months of labor shortages.
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Today, we’re exploring the most recent manufacturing numbers from the Labor Department, providing the gains and losses by specific subsector, as well as the latest in manufacturing job openings.
In June, both durable and non-durable goods manufacturing added jobs, with non-durable goods adding the most jobs, up by 18,000 positions. Durable goods added another 11,000 jobs.
Gains in non-durable goods were led by miscellaneous nondurable goods manufacturing, which added 5,400 jobs. Plastics and rubber products added another 5,300, while the food manufacturing sector grew by 4,800.
On the durable goods side, job gains were overwhelmingly led by transportation equipment, up 7,200 jobs. Miscellaneous durable goods grew by 2,400 jobs and computer and electronic products by 2,300.
Manufacturing job losses in June were few and far between, seen most heavily in electronic instruments, which dropped 1,900 jobs. Wood products declined by 1,200 jobs and textile product mills by 700 positions.
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