Engineering News

US chemicals, plastics sectors add jobs in July for 2nd month running
03 August 2012 16:54

WASHINGTON (ICIS)--The US chemicals and plastics industries added workers in July, the Department of Labor (DOL) said on Friday, marking the second month of employment gains for both sectors.

In its monthly employment report, the department said that the chemicals industry added about 1,100 workers on a seasonally adjusted basis, a 1.3% gain that brought the sector's workforce up to 798,600 in July.

The chemicals sector saw some 900 job gains in June, more than offsetting the 600 industry job cuts reported in May.

The plastics industry saw even stronger employment gains in July, the department said, adding about 1,600 workers last month for a 2.4% advance to a total workforce of 648,500.

The July gain for plastics industry workers was even stronger than the 1,100 jobs added in June.  The plastics sector had seen some 900 job reductions in May.

The jobs growth in chemicals and plastics contributed to an overall US employment gain of 163,000 in July, a stronger performance than the weak 80,000 employment gain seen in June and the woeful 69,000 jobs growth in May.

But the July increase of 163,000 new jobs was only sufficient to meet employment demands of new workers entering the marketplace. 

With some long-time unemployed apparently returning to the job search in July, the department said that the nation's unemployment rate edged up to 8.3% last month from the 8.2% reading recorded in both May and June.

Source: ICIS News

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