The number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very fewer workers.
Watch manufacturer Shinola is investing in Detroit by hiring and training local workers. CEO Steve Bock hopes to help bring back American manufacturing by investing in what was once America's manufacturing powerhouse.
United States Steel Corp said on Tuesday it will permanently shut down iron and steelmaking operations at its Hamilton, Ontario, mill at the end of this year. The decision is a blow to Hamilton, long the center of Canada's steel industry, which has been hit hard by plant closures over the last decade.
Nestle USA says it's relocating its frozen pizza division from Illinois to the Cleveland suburb of Solon, joining its other businesses and an expanding research center there. The world's largest food company expects about 250 jobs eventually to come from the move.
Siemens Energy, Inc. has added 40 new jobs at the central Mississippi plant where it makes high-voltage transmission equipment. Employment is now about 400 at the plant in Richland, just south of Jackson.
Anheuser-Busch InBev and the Teamsters union are about to begin contract talks for the first time since the Belgian brewer InBev purchased the maker of Budweiser, Bud Light and other beers five years ago.
Caterpillar Inc. has announced that it will close an East Texas plant and move the work elsewhere, putting about 100 employees out of work.The announcement to close the dippers plant in Kilgore comes a week after the Peoria, Ill.-based heavy equipment maker revealed third-quarter earnings fell 44 percent.
As jet engine manufacturer Pratt & Whitney and the Machinists Union begin negotiations on Thursday for a new contract governing pay, benefits, work rules and other conditions, the top issue will be jobs.
The Manufacturing Jobs for America initiative aims to build bipartisan support for legislation that will modernize America’s manufacturing sector, help American manufacturers grow and create jobs, and assist American workers in getting the skills to succeed in the next generation of manufacturing jobs.
The Gaston County Economic Development Commission is pleased to announce that Owens Corning will construct an advanced manufacturing plant in theGastonia Technology Park (GTP). The initial investment will be $120 million and at full operations the company will employ up to 110 persons.
Although no prosperity is guaranteed for the years ahead, the market seems to indicate that we’re on the verge of a strong boom period when it comes to job creation for the manufacturing industry.
Automakers boosted their output in September, but the gain was offset by declines at makers of computers, furniture and appliances.
Republican Gov. John Kasich is facing criticism over the indefinite shuttering of Ormet Corp., an aluminum smelting giant along the Ohio River and the onetime largest customer of American Electric Power. About 1,000 workers — mostly unionized steelworkers — are out of work.
While the economy appears to be turning around, employers across the country continue to make difficult decisions concerning mass layoffs and plant closings. Employers that forget about the Worker Adjustment and Retraining Notification Act (the “WARN Act”) and applicable state “baby” WARN Acts do so at their peril.
Truck maker AB Volvo says its earnings dipped on lower sales in the third quarter and that it will slash 2,000 jobs as part of a cost-cutting program.
The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren't going away.
United Technologies Corp.'s third-quarter profit rose just 1 percent, and the aerospace and building systems conglomerate warned Tuesday that weak military aerospace sales are expected to cut into revenue this year.
A tight job market has discouraged many Americans from looking for work. The percentage of Americans working or looking for work remained at a 35-year low last month.
Demand will be spurred by new products and innovations, Honeywell said in a report released Sunday in Las Vegas before Tuesday's opening of the National Business Aviation Association's trade show.
Commerce Secretary Penny Pritzker tells the audience at Fortune's Most Powerful Women Summit that investments in infrastructure and education will create better jobs.
Optimism among U.S. industrial manufacturers regarding the global economic outlook reached the highest level since the first quarter of 2012.
In the oil fields of Texas and North Dakota, communities that are enjoying the most prosperous economic boom in a generation are increasingly thinking about the days after the surge in drilling is over.
The defense contractor, which is based in Waltham, Mass., said that it is designing the radar for the Flight III Arleigh Burke destroyer beginning in 2016.
Six high-tech companies will invest $1.5 billion in the Mohawk Valley to create more than 1,000 high-tech jobs and help grow a second nanotechnology hub upstate, Gov. Andrew Cuomo said Thursday.