Grim News for Manufacturing

Today’s Pittsburgh Post-Gazette has an article describing a bad outlook for manufacturing.

“The decline in the numbers of manufacturing jobs lost in April may be a sign of even worse news: The country is running out of manufacturing jobs to lose,” the article states.

“The nation’s economy shed 539,000 nonfarm jobs in April, with 149,000 of those in manufacturing. That loss was less than the 180,000 manufacturing jobs lost in March, but Dean Baker, an economist with the Center for Economic and Policy Research in Washington, said that is not good news. “Most of the job loss that can plausibly take place has already taken place,” Mr. Baker said.”

It’s a pretty unsettling story.

-KG

1 Comment

Filed under Uncategorized

One response to “Grim News for Manufacturing

  1. Pingback: GLUEspace » Blog Archive » Thursday Rust Wire News Round-up

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s