But the AP just released an article citing some surprising trends. The complete article can be viewed HERE. And while it is true that we are a long way from economic recovery, this certainly is cause for renewed hope in future economic stability.
“As record numbers of orders flow through Legacy Furniture Group's manufacturing plant, workers toil between towers of piled foam and incomplete end tables precariously stacked five pieces high. With a 10 percent sales growth this year, Legacy has quickly forgotten the recession's low point in March, when weak order volumes forced the company to implement four-day work weeks.”
“Legacy's recent success highlights a trend: Counties with the heaviest reliance on manufacturing income are posting some of the biggest employment gains of the nation's early economic recovery. This is a big change from just half a year ago, when some economists worried that widespread layoffs by U.S. manufacturers might be part of an irreversible trend in that sector.”
“Elkhart County, Ind., meanwhile, saw such a startling surge in layoffs one year ago that President Barack Obama made a stop there in the opening weeks of his presidency. The unemployment rate there, driven by job cuts at RV manufacturers, spiked in March at 18.9 percent, but has fallen steadily ever since — to 15 percent in September.”
"Manufacturing jobs are here to stay, and they're coming back," said Derald Bontrager, president and chief operating officer of Middlebury, Ind.-based RV maker Jayco Inc., which recalled or hired 200 laid-off workers over the summer to help ramp up production after an unexpected sales boom overwhelmed all-time-low inventories and left the producer unable to meet demand. They're still trying to catch up.”
Even though there has been a steady exodus of jobs out of the country which predates the recent economic collapse by manufacturers looking for cheap labor and little oversight, there are new employers opening facilities and hiring workers.
While this will be unhappy news for the “I want Obama to fail” advocates, this will be a shining light at the end of a long tunnel for many beleaguered families out of work and in need of some good news.
(Cross posted from the Swash Zone)