Manufacturing Loses 6,000 Jobs in March, Paced by Motor Vehicles

Manufacturing Loses 6,000 Jobs in March, Paced by Motor Vehicles

U.S. manufacturing lost 6,000 jobs in March, led by job cuts in the motorized vehicles and parts sector.

The motorized vehicle category lost 6,300 jobs last month, according to a breakdown by industry sector issued today by the U.S. Bureau of Labor Statistics. That caused the overall transportation category to decline by 4,500 jobs.

U.S. deliveries of cars and light trucks are softening after four consecutive years with sales of 17 million vehicles or more. Sales of cars have been plunging as consumers move to crossovers and SUVs. That market trend claimed one victim when General Motors Co. idled its Lordstown, […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.