Manufacturing employment up, overall unemployment rate unchanged
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Manufacturing News, Source : TheManufacturer.com
Published : 07 May 2004 15:42
There was a noteworthy job gain in durable goods manufacturing in April, but the overall unemployment rate was unchanged at 5.6 percent, the Bureau of Labor Statistics of the US Department of Labor reported today.
In April, employment growth in manufacturing was concentrated in durable goods, which added 20,000 jobs. Most of the gain in durable goods employment occurred in fabricated metal products, which added 10,000 jobs, and machinery, which added 4,000. Since January, manufacturing employment has edged up by 37,000 jobs. Employment in manufacturing had declined each month from August 2000 through January 2004.
Both the overall unemployment rate, 5.6 percent, and the number of unemployed persons, 8.2 million, were essentially unchanged in April. The unemployment rate has been either 5.6 or 5.7 percent since last December.
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