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The U.S. Bureau of Labor Statistics reported today that the U.S. manufacturing sector showing a net annual gain of 136,000 jobs in 2010.
The overall U.S. unemployment rate fell 0.4% in December 2010 to 9.4%, with nonfarm payroll employment increasing by
103,000. "From a recent low point in December 2009, payroll
employment has risen by 1.1 million, or an average of 94,000 per month," said Keith Hall, Commissioner, Bureau of Labor Statistics.
"Manufacturing employment was little changed over the month (December)," Hall said. "Following modest job growth earlier in 2010, manufacturing employment has been relatively flat, on net, since May."
"Viewed against the millions of productive manufacturing jobs lost in the past few years, this small gain reveals that our manufacturing sector is treading water," said Scott Paul, executive director of the Alliance for American Manufacturing (AAM). "Overall, the relatively stagnant job market in manufacturing shows exactly why we need a national manufacturing strategy."
Paul added, "The new Congress has their work cut out for them and we expect them to follow through on their strong campaign rhetoric, including aggressive steps on taxes, currency manipulation, workforce investment, infrastructure, and strict adherence to Buy America laws."
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