Ford to build new factories, 11,000 new jobs will be added
Ford and a partner company plan to build three major electric vehicle battery factories and an auto assembly plant by 2025 which would create an estimated 10,800 jobs. This would also shift the automaker's future in manufacturing towards the South. The factories are set to be built in Kentucky and ...
U.S. factory activity slows
As things had been moving in the right direction in terms of the economic activities, we're starting to see some slowdown in factory activities due to the rising cases. The ISM’s index of national factory activity dropped to a reading of 57.5 last month from 59.3 in October, which had been the high ...
Why factory jobs haven't come back yet
As economies slowly open up across the globe, there has been a sign of hope for global supply chains which have been disrupted for months. However, the implications of this have different effects on the US, because not many companies are coming back. In fact, foreign-owned companies invested around ...
A fall in demand is resulting in a struggle for US manufacturers
The COVID-19 pandemic has disrupted global supply chains, and the effects can be felt strongly by the manufacturing sector. Despite government aid, the sector is still reeling from the hard blows of the pandemic, and even companies who re-hired furloughed employees are being forced to lay them off ...
7 jobs that are making a big comeback
As the economy opens up after two long months of being under lockdown, the US reopens in phases and more jobs are being added to the economy. According to the Bureau of Labor Statistics, 2.5 million jobs were added in May. Of these jobs, restaurant and bar workers have 1.5 million jobs added throug ...
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