U.S. factory output continued to grow in August, according to a pair of surveys released Tuesday, but the picture for employment was mixed, a possible sign of lingering uncertainty about the coronavirus pandemic among American manufacturers.
Sluggish employment, if sustained, could pose a threat to the recovery just as the economy is starting to pick up following several months of pandemic-related lockdowns. Other manufacturing powerhouses such as China and Germany also saw continued contraction in factory employment.
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September 01, 2020 at 05:43PM
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Factories Cut More Jobs Despite Signs of Tentative Recovery - The Wall Street Journal
"Factory" - Google News
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