U.S.
Employment Trends in Select Manufacturing Segments
David G.
Morrison, Editor, How2Power Today
Using
data available at the U.S. Department of Labor’s Bureau of
Labor Statistics website (http://www.bls.gov/CES/
), I graphed the employment trends in select manufacturing
categories and subcategories since January 2005. A quick glance at
the graphs, gives you a sense of how U.S. employees within these
industries have fared in recent years. Note that the numbers of jobs
are given in thousands and include all employees of the companies
within a given category or subcategory.
The
Manufacturers of Computers and Electronic Products (NAICS code 334)
are further classified within the following subcategories for which I
have gathered similar data:
As you can
see from the above graphs, there has been much variation in the
employment trends for the different subcategories within Computers
and Electronic Products.
Another
category that’s worth looking at is employment among
manufacturers of electrical equipment, appliances and components
(NAICS code 335). Although, not shown here, it may be interesting to
see how the light equipment manufacturers have fared in recent years
versus the appliance manufacturers.
Trends in
employment for manufacturers of transportation equipment is also of
interest:
Much
of the steep dropoff in the above employment figures is probably due
to the recent decline in motor vehicle manufacturing:
Note that
there are actually multiple NAICS subcategories related to motor
vehicle manufacturing.
The graph
below shows a very different multi-year trend for employment among
aerospace equipment makers.
In
aerospace, employment had been trending up until late in 2008. And
the decline since then has not been as severe as in other
manufacturing areas.
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