ISM Report, BLS Data Show March Growth in Manufacturing

April 1, 2022 The Department of Labor reported that manufacturing employment is now just 1% shy of its pre-COVID levels. Ryan Secard A pair of key reports for manufacturers show that manufacturing job growth is accelerating. The monthly jobs report for March, released April 1 by the Bureau of Labor Statistics, showed that manufacturing hiredRead More

Businesses Remain Resilient: Strong Hiring Continues Across the U.S.

April 1, 2022| Author: Mallory Vachon, Ph.D., Sr. Economist The economy added an impressive 431,000 jobs in March, continuing a long stretch of growth. The economy has added an average of 560,000 jobs each month since January 2021 and is on track to recover all jobs lost to the pandemic this year. National Job GainsRead More

Manufacturing Quits Up 7% in February As Hiring Growth Lags

March 29, 2022 According to the latest government data, 22,000 people quit their durable goods manufacturing jobs last month, a 13.3% increase over the previous month. Ryan Secard The private economy remains troubled by competition for talent, and the latest figures from the U.S. Department of Labor pose concerns for manufacturers looking to keep their workers.Read More

The Workforce Has Spoken—How Should Companies Respond?

We have moved past panic. We are now fully immersed in understanding the problem and fixing it. Adrienne Selko Last year, more than 47 million Americans walked away from their jobs. While manufacturing did not have the quit rates of other industries, the message was still heard, loud and clear. Employees are so unhappy withRead More

Poor Talent Strategy Surpasses Supply Chain Disruption As Top Worry

Feb. 8, 2022 Organizations continue to struggle with questions related to a timeline for returning employees to the office and developing new working models, including remote and hybrid, to satisfy their workforce. Executives are concerned about their ability to deliver value propositions that satisfy employees and a subsequent inability to retain and recruit talent accordingRead More

Supply Chain Professionals Optimistic About Jobs and Job Market

Well over half (54%) of professionals received a bonus award this year, which markedly climbed from 43% in 2020. MH&L Staff AUG 23, 2021 Seems things are looking up. Around 58% of professionals felt positive about the current job market, according to a  study released on August 17 from DSJ Globa. This is a big differenceRead More

Warehouses are Luring Workers from Other Industries

An additional 282,470 workers could be needed by Q2 2021. MH&L Staff AUG 05, 2021 Greater demand for warehouse space stemming from a structural shift in supply chain dynamics has led to a highly competitive labor environment in many markets, which COVID-19 has exacerbated. In 2Q 2021, a record 423.7 million square feet of industrialRead More

Manufacturing Adds 15,000 Jobs in June

Average hourly wages in durable goods increased by 4.9%, year-over-year, as employers woo talent. Ryan Secard JUL 04, 2021 Manufacturing employment crept up slowly last month. On July 2, the Census Bureau’s latest Employment Situation report showed that goods-manufacturing businesses hired 15,000 more people in June after hiring 39,000 in May. That’s despite significant lossesRead More

Supply, Talent Shortages Weigh on Manufacturing Growth

The manufacturing sector grew last month for the thirteenth month running, albeit at a slightly slower pace than it had in May. The Institute for Supply Management, in its June report on manufacturing business, lowered its manufacturing PMI to 60.6%—above the 50% mark indicating growth, but 0.6 points lower than May’s 61.2% PMI. Results fromRead More

US unemployment claims fall to 376,000, sixth straight drop

By PAUL WISEMANJune 11, 2021 WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The numberRead More