Can Weight Loss Drugs Boost Economic Growth? 

Workers’ health has been deteriorating and economic costs are rising due to the obesity epidemic. Weight loss drugs can help reverse these negative trends.

News

Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.

Industries: Discover industry-specific insights and the state of hiring in these main sectors.

We have expanded our reporting to cover Canada and the UK.

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Recruitonomics is a hub for data-driven research that aims to make sense of our evolving world of work.

Manufacturing Snapshot

13 May 24

A Moderating Industry


Employment Trends in Manufacturing


The manufacturing industry is on track for a solid year as investment flows into new plants across the United States. A large wave of construction spending for computer and electrical parts manufacturing is the principal driver behind this growth – which is increasing the need for specialized workers. Over the first quarter of the year, the industry added 16,000 new jobs, up slightly from the fourth quarter of 2023.

Digging into the subsectors within manufacturing, demand for transportation equipment workers has been the strongest compared to the other major subsectors. Over the previous quarter, the subsector added 24,700 new jobs, an increase of nearly 16,000 from the end of 2023! Food manufacturing growth has been subdued – only adding 2,000 new positions for the quarter. Surprisingly, both computer and machinery manufacturing job growth has been weak, the former adding just 400 jobs for the first quarter and the latter losing 3,200.

 

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Workers’ health has been deteriorating and economic costs are rising due to the obesity epidemic. Weight loss drugs can help reverse these negative trends.
5 minutes
Two surveys offer the primary insights into the labor market, but recently, the job numbers they offer have been diverging.
5 minutes

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