Manufacturing, production jobs experiencing growth, study finds
Back from the depths of the recession, many production and manufacturing jobs have returned to the U.S., according to a study by Careerbuilder.com and Economic Modeling Specialists.
“While growth has been slower or stagnant in certain areas,” CareerBuilder CEO Matt Ferguson said, “there is a wide range of industries where the production of new jobs has accelerated. Markets tied to energy, production, technology, healthcare, transportation and consulting have increased employment 10 to 30 percent over the last few years.”
Re-emerging jobs include those in production occupations, such as metal-refining furnace operators, which have rebounded by 16 percent, and engine and other machine assemblers, which have rebounded by 13 percent since 2010.
“The resurgence is seen most among computer-controlled machine tool operators, an occupation with more workers now than in 2007,” the study found.
Drilling Oil and Gas Well jobs have grown by 29 percent since 2010, adding 21,970 jobs, and the crude petroleum and natural gas extraction industry has added 32,715 jobs, up 21 percent.
Markets tied to health care and consulting were identified by the study as industries where new jobs acceleration is highest.
Though the country is “predominantly a service economy,” Professor Farok J. Contractor of Rutgers Business School writes, “the nation is still the world’s biggest manufacturer,” he adds, with “unrivaled productivity in terms of manufacturing value-added per employee or per hour worked.”
“[E]ach US worker adds $145,000 in value,” he continues,”far more than German, French or Japanese employees, and more than 10 times that of the Chinese worker who contributes $13,700.
Two of the top three cities that have experienced top job growth are found in Texas (Houston and Austin). Detroit, Michigan, a city that has long coped with job losses, is number four. Detroit has added 92,407 jobs, up 5 percent over the last two years.
“After a depressingly negative election campaign season in which we were led to believe that the automobile industry was our last vestige of manufacturing and that the rest of our manufacturing had been outsourced to other parts of the world, statistics suggest otherwise,” career consultant Andrea Kay writes in USA Today.
“In fact, they seem to indicate that we indeed are still No. 1 in the world. And that products — and jobs — are still made in America.”
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