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Connecticut manufacturing picks up slightly, gaining jobs for a second straight year
Thursday, September 14, 2017
According to new data released this week by MNI, hiring in Connecticut's manufacturing sector picked up steam, led by steady growth in some of the state's top industries. MNI, compiler and publisher of the industrial information that powers IndustryNet, reports Connecticut industrial employment edged up by about 785 jobs, or a half percent between June 2016 and June 2017. This marks the state's second straight year of modest gains, and, hopefully, a reversal of the steep losses the state suffered during the recession.
Overall, Connecticut has struggled to add manufacturing jobs in the post-recession era as global competition took hold, a strong dollar made exports more expensive, and a tough business climate had some manufacturers shutting their doors. While many states in the U.S. r...(Full Article)
According to new Maryland industry data released this week by IndustryNet, manufacturing employment in the Maryland/DC region inched up over the past year, led by strong growth in the state's pharmaceutical and food processing industries. IndustryNet reports Maryland industry jobs edged up by about 300. Though not a big increase, this year's gain is still significant given that it's the first the region has seen in several years.
The Maryland/DC region struggled to add jobs in the years following the recession. According to IndustryNet data, the region shed 16,000 jobs or about 8% of its workforce since May of 2009. More than half of these losses occurred in the Baltimore region, which plummeted by 9,000 jobs over that time frame.
Baltimore manufacturing on the upswing?
Recent d...(Full Article)
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