Forbes has a good article by Joshua Zumbrun on the state of manufacturing. Needless to say my industry has been hard hit by the recession. Unemployment is up 17% in manufacturing.
However signs of a bottom are occurring. The average workweek in the sector rose from 39.4 hours to 39.8 hours from June to July. This has been falling for about a year. In addition, only 52,000 more people joined me in job hunting for manufacturing jobs. Needless to say, if it is you it feels worse.
The cash for cars program may actually get some manufacturing to increase next month. However, that should be only a short shot, and the cars that would be sold later are just coming sooner.
Read the article from the link below, and you will see the mixed message. But the trend is getting better.
Steve
http://www.forbes.com/2009/08/06/manufacturing-recession-unemployment-business-beltway-manufacturing.html
PS - Forbes is known for changing links, so you may have to search for "Manufacturing Recovery?" or Joshua Zumbrun
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