Are you involved in recruiting or HR in general? Are you concerned about the rates of unemployment in the United States? Well, while the economy still hasn’t recovered all the way to pre-recession levels, there are some surprising winners in the latest statistics. One leading area of job growth? US manufacturing.
The label “Made in America” used to be everywhere. The United States led the world in manufacturing from the end of the second World War, and kept that momentum for decades. However, in the 1970s and 80s the economy hit some troubles, and homegrown manufacturing lost some momentum. Jobs began to be shipped overseas. American consumers began to import cars, appliances, and even food or agricultural products. But in recent years, there has been a resurgence in Made-in-America products and US factories are seeing the best growth that they have in years.
The numbers are looking good for US factories. Hiring has increased, production has ramped up, and there’s been six months of nothing but growth. But November was the best news of all. In that month, American manufacturing hit the highest growth that it had in more than 2 1/2 years. So if you’re involved in US factories or hiring, now is a great time. Skilled factory workers are going to be in more demand than they have been in years, as new factories open, and older factories expand. It remains to be seen whether the US manufacturing boom will last, or if this growth can reverse decades-long declines in domestic manufacturing, but at least these workers have jobs that they can be proud of. And it’s a win for hiring in America.