Factory Jobs making a comeback in the U.S.

The manufacturing industry has been a crucial part of the American economy for decades, providing jobs to millions of workers and contributing to the country's overall growth. After years of decline and outsourcing, however, the industry has seen a recent resurgence, with factory jobs making a comeback.

            According to a recent report by the WSJ, last year, U.S. production capacity showed its strongest growth since 2015. Manufacturing employment is up by nearly 800,000 jobs over the past two years, and the total number stands at 13 million. Despite all this growth, the manufacturing industry still needs to add about 800,000 more workers, according to the article.

            One of the main drivers of this resurgence is a renewed focus on domestic production and “reshoring.” Many American companies recognize the benefits of keeping their production in the United States, including reduced transportation costs, more control over quality and supply chain, and the ability to respond more quickly to changes in demand.

            The resurgence of factory jobs is a testament to the resilience of the industry and its ability to adapt to changing circumstances. As the United States continues to focus on domestic production and innovation, the manufacturing sector is well-positioned to play a significant role in driving economic growth and creating jobs in the future.

https://www.wsj.com/articles/american-manufacturing-factory-jobs-comeback-3ce0c52c?mod=economy_lead_story