Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5


Metals industry employment up in August

Sep 06, 2013 | 03:49 PM | Corinna Petry

Tags  Metals industry employment, primary emtals employment, fabricated mertals employment, corinna petry



CHICAGO — U.S. primary metal producers added 2,100 jobs last month after its work force shrank by 2,600 in July, while employment in the fabricated metal products sector increased by 3,400 workers in August after a decline of 3,800 the previous month, according to nonseasonally adjusted data released by the Bureau of Labor Statistics.

The totals bring the twin industries 900 jobs short of June’s employment.

Metal producers’ August employment was down 2.6 percent compared with the same month last year as companies reduced headcount by 10,500, while metal fabricators added 17,300 positions in the same comparison, a 1.2-percent improvement.

U.S. mines hired 6,800 people last month and has put 25,500 people to work in the past year.

The overall unemployment rate in August was 7.3 percent, down from 7.4 percent in July and 8.1 percent in August 2012, with long-term unemployment declining by about 733,000 over the past year.

The durable goods manufacturing sector added 41,000 jobs in August, up 0.6 percent compared with July, and has added 33,000 jobs over the past 12 months.

After the typical midsummer changeover in platforms and model-year production, the auto industry added 37,200 workers in August, up 4.8 percent from July and 4.5 percent from a year earlier. U.S. sales by the top seven automakers totaled 9.17 million vehicles through August, up 9.5 percent from 8.37 million in the first eight months of last year (amm.com, Sept. 5).




Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results