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The report highlights both potential threats and strengths that could significantly impact employment in the manufacturing industry. Notable highlights include:
Threats to Manufacturing Employment
• Pull-Ahead Sales
• High Interest Rates
• Record Consumer Debt
• Political Uncertainty
• Auto Industry Refocus
Strengths Favoring Manufacturing Employment Growth:
• CHIPS Act
• Potential Rate Cuts
• Reshoring of Manufacturing
“As the manufacturing landscape continues to evolve, it’s essential to acknowledge the multifaceted factors shaping its trajectory. Our latest Manufacturing Jobs Outlook delves into these complexities, providing invaluable insights into the current state of the industry,” said Dennis Theodorou, Managing Director at JMJ Phillip Executive Search. “By shedding light on both the challenges and opportunities ahead, we aim to equip companies and policymakers with the knowledge needed to make informed decisions, especially as it relates to employment in the industry.”
For more information or to access the full Manufacturing Jobs Outlook, please visit this link.
About JMJ Phillip Executive Search
JMJ Phillip Executive Search is the premier executive search firm specializing in the recruitment of top talent across the manufacturing, supply chain, and technology sectors. With a deep understanding of the manufacturing industry’s unique needs, JMJ Phillip Executive Search connects top-tier talent with leading companies across various sectors within manufacturing.
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