For the first time since the 1970s, the sector has regained all the jobs it lost in a recession.
August Benzow and Connor O’Brien, Economic Innovation Group
Oct 9, 2024 iStock.com/DSCimage Manufacturing employment in the U.S. has surpassed its pre-pandemic levels, the first time since the 1970s that the sector has regained all the jobs it lost in a recession. Yet its recovery lags behind job growth in other sectors of the economy and masks large regional disparities.In nearly half of the country’s states — and fully half of all counties — manufacturing employment has not yet rebounded to 2019 levels. […]
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