Friday, February 4, 2011

US Manufacturing Adds 49,000 Jobs In January

According to the most recent data from the BLS, we added 49,000 manufacturing jobs in January!  Good news!  I have been saying for a long time that "globalization" and the global factory are extremely dependent on cheap fuel prices to ship those goods from where they are made to where they are consumed.   We'll see how the latest price spikes combined with rising Middle East tensions will affect my hypothesis. 

http://www.bls.gov/news.release/empsit.nr0.htm

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