US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits levels not seen in decades.
Friday’s September jobs report showed US manufacturers added another 22,000 workers in September, increasing employment in the sector by nearly 500,000 over the course of the last 12 months. The nearly 13 million workers employed in US factories make up the industry’s largest workforce since the Great Recession caused employment in the sector to plunge more than a dozen years ago.
But even with fears of a recession rising now, industry experts don’t expect factory jobs to default to their familiar boom-to-bust cycle this time. “I think we’re in uncharted territory,” said Jay Timmons, CEO of the National Association of Manufacturers. “For every 100 jobs openings in the sector we only have 60 people who are looking. I think it’ll take quite a while to fill that pipeline.
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