When bad news starts getting better, at what point do you consider it good news? The U.S. government bean counters say fewer people are stuck in long-term layoffs — good news — but 1 in every 5 long-term manufacturing employees still isn’t collecting a paycheck.
One of those cold realities of manufacturing: Even if your plant is putting out a quality product — and making a little money on it, too — it might not be enough to sate your company’s thirst for profits. Ask the people who work (or used to work) for Lexmark.
Since 1997, manufacturers have shed jobs in 99 of the top 100 markets. Which market has actually created jobs?