The latest employment summary from the U.S. Department of Labor reports employment in the U.S. manufacturing sector inched up in April, following a two-month decline in February and March.
Hiring in the U.S. Manufacturing Sector Rebounded in April
U.S. manufacturers added 11,000 jobs in April, rebounding from a 1,000-job loss in March and a 4,000-job loss reported in February. This is according to the latest jobs report from the Labor Department issued April 5th.
Meanwhile, the U.S. economy added 253,000 jobs overall in April, and the unemployment rate was little changed at 3.4%.
Additionally, the latest Job Openings and Labor Turnover survey finds the number of job openings in manufacturing has remained elevated, with the Labor Department recording 695,000 unfilled positions for the sector in March (March JOLTS data is reported in May).
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Wondering which manufacturing industries gained and lost jobs in April? In this post, we’ll explore the most recent manufacturing numbers from the Labor Department, providing gains and losses by specific subsector.
The Manufacturing Sectors That Added the Most Jobs in April 2023
Durable goods manufacturing led April’s manufacturing job gains, adding 10,000 jobs, while non-durable goods added 1,000 net jobs.
Fabricated metals led April’s employment gains, adding 6,300 jobs, followed closely by transportation equipment, which gained 5,800. Computer and electronic product manufacturing added 3,200, while chemical production added 2,000 and semiconductor manufacturing added 1,400.
Other sectors that added jobs included food products manufacturing (+1,000) petroleum and coal products (+1,000); and navigational, measuring, and electromedical, and control instruments manufacturing (+1,000).
The Manufacturing Industries That Lost Jobs in April 2023
U.S. manufacturing jobs losses in April 2023 were sharpest in paper manufacturing, down 2,700 jobs, followed by electrical equipment, appliance & component manufacturing, which shed 2,600 jobs.
Other manufacturing industries losing jobs included nonmetallic mineral product manufacturing (-2,300), wood products manufacturing (-1,400 jobs) and textile product mills (-1,000),
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