News & Insights
Manufacturing Job Openings and Hiring Pick Up Steam
Job openings for manufacturing rose by 19,000 to 462,000 in March. At the same time, the February job openings level of 443,000 was revised upward from 439,000 in the previous report. Nondurable goods job openings in March increased 10,000 to 162,000, while durable goods job openings moved up 9,000 to 300,000. The manufacturing job openings …
Manufacturing Orders Post a Solid Gain as Shipments Stay Strong
New orders for manufactured goods increased 1.5% in March after ticking up 0.3% in February. Meanwhile, new orders for manufactured goods rose 3.7% over the year. When excluding transportation, new orders moved up 1.6% over the month and 3.4% year-over-year in March. Orders for durable goods advanced 0.8%, following a 1.2% decline in February. Year …
Payrolls Grow as Factory Hiring Levels Off
Nonfarm payroll employment increased by 115,000 in April, coming in above expectations. Meanwhile, February’s job loss was revised upward by 23,000 to a loss of 156,000 jobs, while March’s job gain was revised upward by 7,000 to a gain of 185,000 jobs. The 12-month average stands at 21,000 job gains per month. Healthcare and social …
Sen. McCormick Introduces NAM-Backed Permitting Reform Legislation
What’s going on: Sen. Dave McCormick (R-PA) last week unveiled the Unlock American Energy and Jobs Act, legislation that seeks to speed up the federal permitting process. Why it’s important: The senator’s office cited a joint NAM–Foundation for American Innovation report that found “nearly 51% of manufacturers say permitting uncertainty discourages them from investing in …
NVIDIA and Corning Partner to Expand U.S. AI Manufacturing
North Carolina and Texas are set to land major new manufacturing investments as chipmaker NVIDIA and glassmaker Corning expand U.S. production of critical AI infrastructure components—moves expected to create thousands of manufacturing jobs. What’s going on: NVIDIA and Corning are partnering to build three advanced manufacturing facilities in North Carolina and Texas focused on optical …
The MI Talks Tech, Safety and Jobs at the AI for the Economy Forum
Industry Case Study: AI Adoption in Manufacturing,” moderated by Day 2 Media Founder and CEO Poppy Harlow, to discuss the impact of artificial intelligence on manufacturing. “[Here’s] the challenge we have in manufacturing on the talent front … by 2033, we’ll need to fill 3.8 million jobs,” Lee said. “Think about all of the [manufacturer …
