U.S. Factory Jobs Power Ahead
- Hiring spree in manufacturing is strongest in two decades
- Those positions most impacted by president’s trade tariffs
U.S. Adds 103,000 Jobs in March, Jobless Rate 4.1%
This article is for subscribers only.
President Donald Trump argues that he’s getting tough on China’s trade practices to keep domestic manufacturers from dying. One hole in that argument: American factories are coming back to life on their own.
U.S. manufacturers added 22,000 jobs in March, a Labor Department report showed Friday, making the six-month hiring spree the strongest since 1998. A total of 12.6 million people are employed in the sector, the most since 2008. Steady hiring during this economic expansion has accelerated since Trump’s November 2016 election as businesses grew increasingly optimistic and global growth improved.