Manufacturing and construction job losses
The Bureau of Labor Statistics reported job losses in construction and manufacturing in November.
Employment in construction declined by 20,000 in November, with much of the loss occurring in construction of buildings (-11,000). Since early 2010, employment in construction has shown no clear trend.
Manufacturing employment declined by 7,000 over the month. Within the industry, job losses in food manufacturing (-12,000) and chemicals (-9,000) more than offset gains in motor vehicles and parts (+10,000) and wood products (+3,000). On net, manufacturing employment has changed little since this past spring.
Employment in other major industries, including mining and logging, transportation and
warehousing, financial activities, and government, showed little change in November.
Total nonfarm payroll employment rose by 146,000 in November, and the unemployment
rate edged down to 7.7 percent.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
