ADP: manufacturers turn to overtime before job creation

The nation’s labor market stumbled in September to just 29,000 new jobs and the unemployment rate rose slightly to 4.2%, but according to one study, those umbrella statistics mask a manufacturing economy that might be stronger than the employment data suggests.Measured by new job creation, “shiftwork” manufacturing employment growth is indeed modest, but the sector deserves attention because it is affected by several powerful forces at once: industrial investment, reshoring,…

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