Manufacturing Jobs Up 31,000 In November

REUTERS/Kevin Lamarque

Amber Athey Podcast Columnist
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The U.S. Bureau of Labor Statistics released the November Jobs Report on Friday, and manufacturing was one of the fastest growing job sectors.

President Donald Trump said during his campaign that he would bring manufacturing jobs back to the United States, and he seems to be delivering on that promise. The manufacturing sector added 31,000 jobs in November, up from a low at the same time last year. Since November 2016, manufacturing employment has increased by 189,000.

The Jobs Report shows major signs of a healthy economy, as the economy added a total of 228,000 jobs last month, higher than the 195,000 that economists predicted. The unemployment rate held steady at 4.1 percent, a 17-year low, and the labor-force participation rate held at 62.7 percent.

Wages rebounded as average hourly earnings went up 0.2 percent, compared to a 0.1 dip in the month of October.

Other sectors that experienced big gains were the health care and hospitality industries.

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