Factories see payroll expansion for fourth month in a row
Factories added 17,000 jobs in March as unemployment rate dips to two-year low
March marked the fourth month in a row, unemployment declined in March. Nearly 216,000 new jobs were added. Since the beginning of 2011, unemployment fell a full percentage point, the largest drop since 1983.
Among industries that expanded payroll were factories. With the addition of 17,000 jobs in March, it marked the fifth month in a row of growth within the industry.
“The U.S. labor market is finally making some serious progress. No fooling,” said Sal Guatieri, economist at BMO Capital Markets Economics.
There are obvious advantages and disadvantages of growth. On the one hand, growth is always good. Growth in business means that revenues are up. That’s common sense. Growth, however, also means new employees. These employees need to be trained and integrated to factories’ labor force.
That comes with a cost. Each day a worker is training and not working, it devalues the overall output. That is, of course, until a worker is no longer in training.
ITC Learning can help speed up skills training process
ITC Learning offers affordable factory skills training that can streamline the training process in order to minimize the learning curve and put workers to work.
Using iKNOW on-line training, ITC integrates the latest technology with interactive elements as well as animation, graphics and audio to round out the virtual training experience. Lessons are roughly on 30 to 45 minutes in lengths, and undergone a review process by the Society of Manufacturing Engineers to ensure that classes are up-to-date and relevant for today’s factory worker.
Electrical Skills Training Series
The series includes skills training in electrical safety, maintenance and repair.
Mechanical Skills Training Series
Additionally, ITC products include a Basic Skill Training Series and PC Skills Training.