Robust manufacturing job growth is expected this year, with more than 102,000 manufacturing jobs already added in the first quarter, according to a U.S. economic forecast released by George Mokrzan, senior economist for Columbus, Ohio-based bank holding company Huntington Bancshares Inc.
‘We have seen the strongest overall growth in manufacturing since 2004,’ says Mokrzan. ‘This year, we have also seen the largest increase in manufacturing jobs since the early 1970s.’
However, Mokrzan adds, the U.S. economy remains vulnerable to geopolitical factors, such as rising oil prices, political unrest in the Middle East and the ongoing crisis in Japan.
SOURCE: Huntington Bancshares Inc.
