Copying and distributing are prohibited without permission of the publisher

(AMM) Metals producers add jobs, but fabricators see layoffs

September 03, 2010 - 18:32 GMT Location: CHICAGO

KEYWORDS: producers , fabricators jobs , Bureau of Labor Statistics

The primary metals industry gained 700 jobs in August vs. the previous month and has added 20,500 jobs since August 2009, a 5.8-percent increase year on year, according to data issued Friday by the Bureau of Labor Statistics .

The fabricated metal products industry lost 1,700 jobs month on month but has added 29,500 jobs since August 2009, for a year-on-year gain of 2.3 percent.

The U.S. manufacturing sector shed 27,000 jobs in August compared with July, down 0.2 percent, and the employment levels were down 3,000 jobs or flat on a percentage basis from August 2009,...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

  • Raising fees could imperil LME date structure: a broker writes

    The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb

Upcoming Events

Most readMost emailed

Popular Searches on MB

MB Glossary


From Aluminium to Zinc...
Search this free glossary on metals