Primary metals manufacturing has lost 84,000 jobs over last decade

Primary metals manufacturing has lost 84,000 jobs over last decade

Last year, primary metals manufacturing lost 8,600 jobs, a decline of 2.2 percent. The subsector has lost 27,100 jobs since 2014, a decline of 6.7 percent.

The Alliance for American Manufacturing blamed about 19,000 layoffs in the steel industry over the past few years on a global import crisis triggered by rampant overcapacity that led China to dump steel below cost across the world. Nearly a third of the steel purchased in the United States in 2015 was made overseas, and steelmakers responded by cuts at Gary Works, East Chicago Tin and other local mills.

Industry observers also have pointed to […]

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Your email address will not be published.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.