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Manufacturing Adds 14,000 Jobs, Paced by Transportation

Bill Koenig
By Bill Koenig Senior Editor, SME Media

Manufacturing added 14,000 jobs in November, with transportation equipment leading the way.

Transportation boosted employment by 6,100 jobs, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.

Within transportation, motor vehicles and parts posted a gain of 1,900 jobs.

The auto industry continues to cope with a global shortage of computer chips. Over the past year, the industry had temporary shutdowns related to the semiconductor shortage. Automakers have worked to shore up chip supplies but the shortage is forecast to continue into 2023.

The aerospace industry has been helped by a rebound in demand for air travel since the onset of the COVID-19 pandemic.

Durable goods overall accounted for a gain of 11,000 jobs. Industries that boosted employment included machinery, up 3,900 jobs, and fabricated metal products, up 1,300. Sectors that reduced employment included primary metals, down 1,700 jobs.

Manufacturing totaled 12.394 million jobs last month on a seasonally adjusted basis, according to the bureau. That was up from an adjusted 12.92 million in October and 12.514 million in November 2021.

Non-farm employment rose by 263,000 in November, the bureau said in a statement. Economists surveyed by Reuters had expected a gain of 200,000. The U.S. unemployment rate remained unchanged at 3.7 percent.

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