SAN ANTONIO—The ranks of military veterans keep growing at Toyota’s assembly plant here. Since 2010, the plant has hired more than 40 veterans to work on its maintenance staff alone. Veterans account for 20 percent of the plant’s skilled maintenance force, company officials said.
NEW YORK CITY—A new study has found that pay for U.S. manufacturing employees has lagged over the last decade, even as jobs are now returning to the country as the recession fades. According to the National Employment Law Project, the median manufacturing wage fell by 5.2 percent between 2003 and 2013.
In August, the federal Office of Management and Budget (OMB) opted to delay implementation of a new “factoryless goods producer” classification in the latest revision of the North American Industry Classification System (NAICS).
WASHINGTON—U.S. manufacturing activity hit a nearly 3.5-year high last month and construction spending rebounded strongly in July, signs the economy entered the third quarter on strong footing.
Good news: America is now luring as many factory jobs back from overseas as it’s losing to continued offshoring. That’s the assessment of the Reshoring Initiative, a nonprofit group that encourages companies to move work back to the United States.
WASHINGTON—U.S. manufacturing expanded for the 14th straight month in July. The Institute for Supply Management, a trade group of purchasing managers, reports that its manufacturing index rose to 57.1, up from 55.3 in June. Anything above 50 signals that manufacturing is growing.
AKRON, OH—Two years ago, The Goodyear Tire & Rubber Company made a commitment to hire 1,000 U.S. military veterans. Today, the company announced that it surpassed its three-year goal more than a year early, and has pledged to hire an additional 1,000 veterans.