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July's Manufacturing Job Gains and Losses by Industry

Posted by IndustrySelect on Friday, August 5, 2022

Manufacturing worker

The Bureau of Labor Statistics reported August 5th that U.S. manufacturing companies added new jobs in July, while unfilled positions in the sector declined.

In July, U.S. manufacturers added 30,000 new positions, while the economy added 528,000 jobs and the unemployment rate settled at 3.5%.

Meanwhile, the latest Job Openings and Labor Turnover survey finds that after hitting an all-time high of one million jobs in April, the number of job openings in manufacturing declined further to a preliminary 793,000 in June. Nontheless, unfilled positions remain at an elevated rate. 

If you’re looking to help manufacturers with their staffing and workforce or automation needs, an IndustrySelect subscription can help you find new customers in the industrial world. Click here to try out a free demo.

The Latest in Manufacturing Hiring Trends (August 2022)

Today, we’re exploring the most recent manufacturing numbers from the Labor Department, providing the gains and losses by specific subsector, as well as the latest in manufacturing job openings.

The Manufacturing Sectors That Added the Most Jobs in July 2022

In July, both durable and non-durable goods manufacturing added jobs, with durable goods adding the most jobs, up by 21,000 positions. Non-durable goods added another 9,000 jobs.

Gains in durable goods were led by fabricated metal products, which added 4,200 jobs. Semiconductors and electronic components added 3,500 jobs, while machinery added another 3,300. Gains were also seen in computer & electronic products (+3,300); transportation equipment (+2,200); primary metals (+2,100); and electrical equipment (+1,500).

On the non-durable durable goods side, job gains were overwhelmingly led by chemicals, up 3,700 jobs. Food manufacturing also gained jobs, up by 1,800; as did plastics and rubber products, up 1,200.

The Manufacturing Industries That Lost Jobs in July 2022

Manufacturing job losses in July were few and far between, seen most heavily in motor vehicles and parts (-2,200), as well as electronic instruments (-1,400) and paper products (-1,200).

Helping Manufacturers With Staffing Needs

To get a hands-on look at how an IndustrySelect subscription can help you reach manufacturers like these, visit our website and try out a free demo.

Powered by MNI’s hand-verified industrial information, IndustrySelect provides instant access to 460,000 industrial business profiles, including one million executives. Types of executive decision-makers include those in Human Resources, Health & Safety, Research & Development and more.

 

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