Items Tagged with 'Jobs'

SEOUL, Korea/NASHVILLE, TN—This deal, SK On's first partnership with a Japanese automaker, contributes to U.S. manufacturing growth, supporting 1,700 jobs, and involves a $661 million investment from SK On. This investment is in addition to Nissan's $500 million investment in EV production at Canton.

The EV revolution reflects a growing desire within the auto industry to be more sustainable.

A poll asked Koreans what they would prefer to be: an automotive assembler with a high school degree earning a good salary or an office worker with a liberal arts degree earning less. Some 76 percent chose the automotive job.

On Oct. 1, longshoremen went on strike for the first time in nearly 50 years. The main sticking point was, of course, money. Also high on the list of issues is the use of automation in the ports and its impact on jobs.

Fairfax, KS—General Motors (GM) recently announced plans to lay off 1,695 workers at its Fairfax Assembly plant in Kansas, as outlined in a Worker Adjustment and Retraining Notification (WARN) notice in mid-September.

ANN ARBOR, MI—Contrary to popular belief, electric vehicles are not eliminating jobs in auto assembly plants, according to research conducted by the University of Michigan.

With the calendar turning to December and the countdown to 2024 almost upon us, I wanted to recap my articles from the past year and their key takeaways.

In the past 20 years, the global economy has suffered through many difficult events, such as pandemics, conflicts and natural disasters. For instance, the COVID-19 pandemic triggered one of the worst job crises since the Great Depression.

What gets you out of bed in the morning? Whatever the reason, new evidence suggests that people who work in manufacturing are more eager to get up and go than people in other professions.

Good news! U.S. manufacturers employed 12,922,000 people in October, according to the Bureau of Labor Statistics (BLS). That’s 4 percent more than in October 2021 and 13 percent more than in April 2020, the manufacturing employment low point of the COVID recession.