2022 manufacturing job growth on par with '21
Total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported on January 6. Employment in construction increased by 28,000 in December, as specialty trade contractors added 17,000 jobs.
Construction employment increased by an average of 19,000 per month in 2022, little different than the average of 16,000 per month in 2021.
Over the month, employment in manufacturing changed little (+8,000), as job gains in durable goods (+24,000) were partially offset by losses in nondurable goods (-16,000). In 2022, manufacturing added an average of 32,000 jobs per month, little different than the average of 30,000 jobs per month in 2021.
In December, employment in transportation and warehousing changed little (+5,000). In 2022, average job growth in transportation and warehousing (+17,000) was about half the average job growth in 2021 (+36,000).
In December, mining employment increased by 4,000, reflecting job growth in support of
activities for mining (+5,000). Since a recent low in February 2021, mining employment has grown by 104,000.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
