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Manufacturing employment stalls recent decline, E.J. Antoni notes

Manufacturing employment stalls recent decline, E.J. Antoni notes
Manufacturing jobs steady after early 2023 slide

E.J. Antoni reports that manufacturing jobs in June matched levels seen in March and were also close to those from October and November.

According to E.J. Antoni, employment in the sector began falling at the start of 2023 but has now appeared to stabilize, with hopes of future improvement.

Antoni has recently commented on shifts in related labor data, stating that a recent rise in jobless claims remains below last year's figures. He has also tracked a 1.5% drop in U.S. utility prices since the Iran war began. His updates continue to focus on key economic sectors and energy costs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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