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Last updateTue, 20 Aug 2019 8pm

Manufacturing & The Economy

Job Openings at U.S. Factories at All-Time High

Job openings in the manufacturing “jumped to a new all-time high of 522,000 (this October data is up from 485,000 in September). Durable goods firms reported the most job postings in October (332,000) since January 2001, with openings for nondurable goods manufacturers (189,000) also higher for the month,” writes NAM chief economist Chad Moutray. “In addition, there were 384,000 hires in October, with 345,000 separations (which include quits, layoffs and retirements). As a result, there was net hiring of 39,000 workers in the manufacturing sector in October, the fastest pace in 14 months.” 

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