1. In 2011, U.S. manufacturing companies increased employment by 237,000 positions, which was the largest annual increase in manufacturing jobs since a 302,000 gain in 1997.
2. Of the 237,000 new jobs added to manufacturing payrolls last year, 44,300 jobs, and almost 19%, of the new factory jobs were added in the state of Michigan, even though Michigan's overall share of U.S. manufacturing employment is only about 4.3% (504,700 jobs out of 11.81 million nationwide). Stated differently, Michigan has only about 1 out of every 23 manufacturing jobs in the country, but the state's manufacturers added almost one out of every 5 new factory jobs last year.
3. As I reported in an earlier CD post
, Michigan's jobless rate in December at 9.3% was more than a full percentage point below the 10.4% unemployment rate in the District of Columbia. The last time Michigan's jobless rate was 1.1% below the District of Columbia's rate was back in August 2001, more than a decade ago.
4. Government payrolls shrank last year by 271,000, with most of job cuts taking place at the local level (-158,000), followed by reductions in state employees (-77,000) and federal employees (-36,000). The last time government payrolls fell by that much in one calendar year was 1981, when government contracted by 300,000 jobs.