US Factories Added 49,000 Jobs in January


Strong job gains by US factories come as a boon to the spattering job market. Last year, there was a modest job rebound by manufacturers. The good news is that a higher customer demand finally seems to materialize, particularly in the emerging markets. In the year 2010, manufacturers added a total of 112,000 jobs. This year, producers are expected to add 275,000 jobs. Around 300,000 more jobs are expected in the year 2012.

Last month, strong job gains were noticed by manufacturers of cars, metals, factory gear and computers. On the other hand, producers of apparel, paper and food shed 13,000 jobs, as the US consumer demand in the non-durable products market is still moderate.

Ford Motor
In order to expedite its production of vehicles, Ford Motors added 600 employees in Ohio and Michigan. This is in regard to the US car sales annual rise of 12.6 million last month. Early last year, the car sales was reported to be 11 million.

Alcoa
It is the No. 1 aluminum maker in the US. Last month, Alcoa re-opened three smelting plants. The re-opening of these plants will require 260 more employees. According to CEO Klaus Kleinfield, demand in the aluminum sector is rising up.

Intel
The top chipmaker also added around 3,000 jobs last year. This was done due to the increasing demand for servers and notebooks.

Overall, factories in the United States added 49,000 jobs in January this year. Jobseekers can expect more jobs to be added as the consumer demand surges further in the coming months. This is really welcome news that higher demand is finally flicking in.

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2 Comments

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2 responses to “US Factories Added 49,000 Jobs in January

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  2. I have been researching for this topic recently and this post has provided a useful insight. Thanks

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