Sourced from Market Watch
Written by Andrea Riquier
Employers created 37,000 new manufacturing jobs in July, the Labor Department said Friday, the strongest gain since December and the third straight month in which factory job growth accelerated.
The July numbers may have been nudged upward a bit by vagaries in the data due to annual auto plant shutdowns, but the trend has been firm for the past year and a half. The 327,000 new jobs over the last year represent the best 12-month stretch in 23 years.
Analysts point to several factors that have kept hiring on an upswing, even as they eye growing headwinds.