Manufacturing Employment Falls in August

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After increasing for 12 consecutive months, manufacturing employment fell by 3,000 in August. The decline was all in manufacturing of durables, which lost 4,000 jobs. Employment in non-durable manufacturing rose by 1,000. The auto industry was the biggest loser, giving up 4,900 jobs after losing 3,500 jobs in July. The weakness also shows up in the index of hours, which dropped 0.3 percent for durable manufacturing in August.

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