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US manufacturing jobs fall at fastest rate since the pandemic
- downrightmike 4mo agoConsumers are not buying expensive things now. Credit card debt is through the roof and defaulting.
- toomuchtodo 4mo agoThat's a component, but another component is that manufacturing is being automated (net new or reshored). GM just replaced ~1300 workers with robotics at one of their EV factories. Manufacturing may come back to the US in some capacity, manufacturing jobs will likely not. US manufacturing rises on front-loading of orders, but factory employment tumbles to six-year low - https://www.reuters.com/business/us-manufacturing-rises-front-loading-orders-factory-employment-tumbles-six-year-2026-06-23/ https://www.reuters.com/business/us-manufacturing-rises-fron... - June 23rd, 2026 GM installs robots at flagship EV factory after laying off 1,300 workers - https://arstechnica.com/ai/2026/06/gm-installs-robots-at-flagship-ev-factory-after-laying-off-1300-workers/ https://arstechnica.com/ai/2026/06/gm-installs-robots-at-fla... - June 22nd, 2026