The Wall Street Journal reported, “The final full month of President Barack Obama’s term was the 75th straight month U.S. employers added jobs. That extended the longest such stretch on record back to 1939. The unemployment rate was at the…
Category: Transportation
New Jobs and 95.1% Employment Rate for July
US unemployment held steady at 4.9% for July with 255,000 new jobs added for the month. While we continue to deal with the fallout from the ups and downs of the oil & gas industry, international currency fluctuations, and national…
Employment Stays Strong in June
Summer’s here and so are new jobs for 287,000 Americans. This is the largest single monthly job gain since October 2015. After taking into account the Labor Department’s slightly downward revision of the estimates for April and May, these numbers…
Cautious Optimism Over Lower Unemployment Numbers
“The economy is on track to grow more than 2% in the second quarter, powered by rising home sales and steady consumer spending on an array of other goods and services.” Overall US unemployment is down to 4.7% which is…
April Is Slow Growing
Spring is here, but cooler temperatures and rainy weather seem to have slowed down normal seasonal trends. “Slight growth” is probably the best way to describe the growth for U.S. manufacturers in April. The upside is that the overall US…
What’s Your Plan?
In the years heading into “the Great Recession, a major concern for businesses was the coming brain drain, which would be caused by Boomers retiring in droves from the workplace, and taking with them their vast technical skills, historical knowledge,…
US Manufacturing Showed Signs of Rebounding in February
After reporting some contraction over the last five months, US manufacturing activity in February showed signs of a bounce back in the most recent ISM Manufacturing index. “Brad Holcomb, chair of the ISM Manufacturing Survey Business Committee, said in an…
Unemployment Sneaks Down To 4.9%
While global economic fluctuations sent the stock market on a wild ride in January, the US unemployment rate dropped another 0.1% to 4.9%, which is its lowest level since February 2008. Economists are projecting some more wage and inflation pressure…
Cheap Gas Moves Cars
Cheap oil continues to help and hurt US manufacturing. The automotive industry led manufacturing losses during the recession but has been an area of strength and growth for US manufacturing in the last few years. Sales of cars and light…
The Talent Gap Widens
Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue. More and more manufacturing executives are concerned about attracting, training, and retaining talent to…