© Getty Images This morning’s employment report shows a healthy increase of 235,000 total (nonfarm) jobs last month, pretty much across the board, in all major categories except for retail services. The manufacturing sector alone gained 28,000 jobs — a stronger showing than we’ve seen in a long time.
But we shouldn’t break out the champagne over one month’s worth of manufacturing jobs. Compared with roughly a year ago, manufacturing has been essentially flat, up just 7,000 jobs. Looking further back it becomes obvious that manufacturing just has not followed the typical storyline of an industry merely living through and […]
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