U.S. manufacturing sector lost 1,000 jobs in March

Today, the U.S. Department of Labor reported that the American manufacturing sector lost 1,000 jobs in March. This news follows President Obama’s goal of creating 1 million new manufacturing jobs in his second term, which was announced in 2012.

“It’s not the robots nor the weather. There are still more manufacturing jobs leaving the U.S. than coming back,” said Scott Paul, Alliance for American Manufacturing president. “It doesn’t have to be this way. Lowering the trade deficit, investing in infrastructure, and boosting worker training could help to get us back on track.”

The news was not entirely grim.  Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent, according to the U.S. Bureau of Labor Statistics report. Employment grew in professional and business services, in health care, and in mining and logging. Professional and business services added 57,000 jobs in March, in line with its average monthly gain of 56,000 over the prior 12 months. Within the industry, employment increased in March in temporary help services (+29,000), in computer systems design and related services (+6,000), and in architectural and engineering services (+5,000).

Click here to see the full economic report.

-Bill O’Leary


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