FactoryFix’s Post

Job openings in manufacturing hit a three-month high last month, according to the Bureau of Labor Statistics, while both hiring and separations fell. The latest figures show that the manufacturing workplace market has cooled as it stabilizes and fills workplace roles. #CapEx #Manufacturing #ManufacturingNews #BusinessNews

Every manufacturing job in the United States creates an additional 2.79 jobs in other sectors, including service jobs. This means that for every 1 million manufacturing jobs, an additional 2.79 million jobs are created in other sectors. That is a...

US unfilled job openings in durable goods #manufacturing increased 97,000 over the past year, a fact largely under-reported about today's JOLTS (Job Openings and Labor Turnover Summary) report. Total unfilled job positions in US manufacturing increased to an 8 month high at 603,000. Forced employment turnover was down 424,000 in May year/year, and the number of people quitting their jobs was down for the 7th consecutive month with 550,000 less jobs quit in May '24 vs. May '23. #jobs, #economy. #labormarket

Get practical insights, current trends, and job opportunities in the manufacturing industry that match your skills. See what's next for your career in our latest newsletter! Click the link in the comments to read more. #Manufacturing #CareerAdvancement #JobOpportunities #Newsletter #Recruitment #JobSearch

Hiring for manufacturing jobs in 2024 can be challenging. In this issue of the newsletter, Garry Hojan offers best practices for finding your next employees including skilled labor. https://conta.cc/3ZsGp0O

📉 Update on U.S. Manufacturing Job Trends 📣 In August 2024, the jobs available in the U.S. manufacturing sector declined by 24,000, mainly in durable goods such as transportation equipment. However, there were gains in food manufacturing. While the overall job market added 142,000 positions, the increase in unfilled roles within manufacturing indicates ongoing challenges in the workforce and difficulties when hiring for skilled and technical positions. For more insights on these trends, check out the full article below. #Manufacturing #LaborMarket #FoodManufacturing #Recruitment

Get ready for some exciting news from the latest Jobs Report! A whopping 272k jobs were added, surpassing analyst predictions. In the engineering and manufacturing industry, a significant 17.9k jobs were created, with the unemployment rate holding steady at 2.7%. It's clear that the demand for skilled workers in this sector remains high, paving the way for innovation and growth. Check out the latest Jobs Report: 272k jobs added, unemployment at 4.0%. In the engineering and manufacturing industry, 17.9k jobs were added. Unemployment rate in this sector remains at 2.7%. Read the full article here: https://lnkd.in/erjcWpJA #JobsReport #Engineering #Manufacturing

The Manufacturing Industry added 8,000 jobs in May, outperforming general expectations of slowed job growth 👊 Sector Gains 📈 - Transportation Equipment Manufacturing (+4,700) - Chemical Manufacturing (+4,100) - Food Manufacturing (+3,400) Sector Drains 📉 - Miscellaneous Manufacturing (-2,900) - Furniture & Related Products Manufacturing (-2,200) The latest ISM Purchasing Manager's Index (PMI) showed overall contraction for the second consecutive month. However, the employment index significantly improved, up 2.5% from last month, providing a more optimistic outlook. While the industry is at an uncertain point, the improved hiring situation gives us reason to be hopeful about the future. For more details 👇 ISM Report: https://lnkd.in/gkHvBjG BLS Employment Situation Summary: https://lnkd.in/e8aFakB #FactoryFix #Manufacturing #Employment #Recruiting #TalentAcquisition #EconomicOutlook

Manufacturing Management's Employment Survey with Manpower 👇 82% of respondents are facing problems finding new talent for the sector, with 56.5% of respondents believing candidates lack the requisite skills while still expecting higher salaries than the role will offer. Read the full report, via the link in the comments ⬇ #manufacturing #ukmfg #skills #careers

I'm thrilled to share that the team at JMJ Phillip Executive Search has just published our highly anticipated Manufacturing Jobs Outlook.    In this latest edition of the outlook, we dive deep into the intricate factors shaping the future of employment in the U.S. manufacturing sector over the next 12 months. From potential threats casting shadows of uncertainty to the promising strengths paving the way for growth, our analysis offers invaluable insights into the evolving landscape of manufacturing jobs.    Read the full report here: https://lnkd.in/eHC_i2Jf   #Manufacturing #Jobs #Business #ExecutiveSearch #FutureOfWork