The 'Manufacturing Renaissance' Has Stopped Creating New Jobs

Rob Wile | Jun. 7, 2013, 9:34 AM | 406 |

Manufacturing output continues to rise.

But the jobs are still missing.

Today's non-farm payroll report from the BLS shows the U.S. manufacturing sector lost 8,000 jobs in May, the fourth-straight monthly decline.

Here's the chart from BLS since 2010, which shows we've now plateaued for about a year at the 12-million payroll level:

BLS

Please follow Money Game on Twitter and Facebook.
Follow Rob Wile on Twitter. Tags: Jobs, Non-Farm Payrolls, Manufacturing | Get Alerts for these topics »

To embed this post, copy the code below and paste into your website or blog.

View the original article here