Manufacturing job gains in February
Manufacturing employment rose by 31,000 in February according to the latest jobs statistics reported by the U.S. Bureau of Labor Statistics.
All of the increase occurred in durable goods manufacturing, with job gains in fabricated metal products (+11,000), transportation equipment (+8,000), machinery (+5,000), and furniture and related products (+3,000). Durable goods manufacturing has added 444,000 jobs since a recent trough in January 2010.
In February, mining added 7,000 jobs, with most of the gain in support activities for mining (+5,000). Since a recent low in October 2009, mining employment has increased by 180,000.
Construction employment fell by 14,000 in nonresidential specialty trade contractors.
In total nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 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.
