Manufacturing employment was smashed by the recent economic downturn, and remains down 18% vs. two years ago (when things began to tank) according to employment data released by ADP.
Yet the Federal Reserve's manufacturing output index has begun to recover. Either we're currently experiencing a jobless (at best job-lite) recovery or the hiring is just around the corner.
(This employment datapoint was first highlighted over at Econompic. Check out their site for great charts.)
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