11172018Sat
Last updateThu, 15 Nov 2018 4pm

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Manufacturing Accounts for 42% of Feb. Mass Layoffs

Employers took 2,769 mass layoff actions in February that resulted in the separation of 295,477 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Department of Labor’s Bureau of Labor Statistics reported on March 20. Each action involved at least 50 persons from a single employer.

Source: RP News Wires

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Senate Confirms Kirk as Trade Representative

The Senate Wednesday confirmed former Dallas mayor Ron Kirk as U.S. trade representative, filling one of the final high-level posts on President Obama’s economic team.

Business groups, fearful that lawmakers at home and abroad are warming to new trade barriers amid the global recession, have been anxiously awaiting Kirk’s confirmation.

Source: CQ Politics

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Micro-Manufacturing Now Offers Advantages for Specialist Processes

Miniaturization is not new, but manufacturing mechanical, electromechanical and fluidic components on a micro scale is rapidly developing into a recognizable industry in itself. Alistair Rae reports on a selection of the latest developments in this exciting field.

Source: Engineer Live

 

 

Energy Efficiency: Doing More With Less

Ever walk out of your manufacturing plant, stroll toward the parking lot and watch waste heat lazily exit the stacks? Did you take it one step further and think, "There must be a way to capture and reuse that heat?" And then did you go even further and actually make that change happen, helping to reduce energy waste in your facility?

Source: Industry Week

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US Trade Deficit Falls With Demand for Goods

The US trade deficit shrank by almost 10 per cent in January to the lowest level in six years, as the recession wore away at America's appetite for the world's goods.

Demand in the US has been hit by falling consumer confidence, which is lingering near a 28-year low, says a just released survey.

Source: Financial Times

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