Forecast: Auto Industry To Add 88,000 Positions

[Purveyor]

Source: Lansing State Journal

More than repaying taxpayer loans, increased sales or profits, hiring will be the most credible evidence automakers are recovering.

Two respected sources foresee the industry adding about 88,000 jobs over the next year.

The forecast, from the Center for Automotive Research in Ann Arbor and IHS Global Insight Inc. in Waltham, Mass., predicts automotive employment in the U.S., including automakers and suppliers, will grow from an average of 565,700 this year to 653,600 in 2011 and 742,200 in 2012.

That's well below prerecession employment of 827,900 in 2007 but strong enough to trigger positive ripples through stronger retail sales.

"It's never going to be what it was," said Kristen Dziczek, a CAR research director. "But it's not as bleak as the textile mills leaving the Carolinas. We will still be driving."

Read more: http://www.lansingstatejournal.com/article/20100427/NEWS03/4270309/0/NEWS03

[PassingFair]

1. "We will still be driving."

Yeah, well we're still wearing fucking clothes, too.

Doesn't mean they're made here anymore.

:crazy:

[Purveyor]

2. Well at least the 'recs' are still in positive territory. Never can tell around here. eom

[Zynx]

3. Labor is such a reduced component of auto manufacturing that total off-shoring makes little sense.

[TheWatcher]

4. "Forsee" "Forecast" "Predicts" "Assume" "Hopes" "Confidence" "Green Shoots"

More Happy Talk that has no tangible (as of yet) reality.

Wakes us when that reality takes place.

[JDPriestly]

5. Do they plan on discriminating based on age?

Are they going to hire those who were laid off first? And if so will they hire those who had the most seniority first?

Or are they going to discriminate against older workers and those who had seniority before Wall Street nearly shut them down?