Over the past three months, the manufacturing sector has cut 78,000 jobs

Michigan Republican U.S. Senate candidate Mike Rogers says he’s confident Trump and Republicans in Congress will win the election and detailed his priorities for protecting Detroit’s auto industry.

The production sector continued to cut jobs in October, bringing the number of jobs lost to 78,000 over the past three months.

On Friday, the Bureau of Labor Statistics of the Ministry of Labor released its data work report for October, according to the agency’s preliminary analysis, the manufacturing sector lost 46,000 jobs last month.

This followed a 6,000 job loss in September, also the previous figure, and a 26,000 job loss in August.

Industrial job losses in September included a reduction of 44,000 workers in the transportation equipment industry due to strikes. This can be explained in part by the ongoing strike by approximately 33,000 unionized Boeing machinists.

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In recent months, there has been a decline in hiring in the manufacturing sector. (Photo: Emily Elkonin/Bloomberg via Getty Images/Getty Images)

The International Association of Machinists and Aerospace Workers (IAM) went on strike on September 13 and previously rejected Boeing’s new contract offers amid the impasse, although the company sent the union a new offer late Thursday that is now under review.

The Boeing strike also affected the aerospace giant’s supply chain, forcing some of its suppliers, such as Spirit Aero, to temporarily lay off workers while the disruption affected operations.

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Boeing’s machinists have been on strike since mid-September, although the company offered the union a new and improved contract offer on Thursday. (M. Scott Brower/Bloomberg via Getty Images/Getty Images)

Smaller strike of 5,000 IAM machinists Fr aviation and cosmonautics contractor Textron also reduced employment figures in the manufacturing sector. The Textron strike began on September 23 and ended on October 21, meaning it also affected employment figures in the manufacturing sector.

Ticker	Security	Last	Change	Change %
B.A	BOEING CO.	154.59	+5.28	+3.54%
TXT	TEXTRON INC.	81.46	+1.04	+1.29%

The manufacturing sector has struggled to create jobs over the past year and has shed 85,000 jobs, or 0.7%, over the past six months and 50,000 jobs, or 0.4%, over the past 12 months.

The sector’s best month for job creation in the past 12 months was a gain of 25,000 jobs in November 2023, followed by a gain of 12,000 the following month in December.

In 2024, the most recent monthly gain in manufacturing jobs came in July, when it gained 6,000 jobs. Its biggest monthly gain this year was in April, when 7,000 jobs were added.

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Jay Timmons, president and CEO of the National Association of Manufacturers, talks about what the industry needs from the next administration to continue to grow and maintain global dominance.

The National Association of Manufacturers (NAM) has called on the next administration and Congress to restore tax credits for capital investments in expanding or modernizing premises and equipment, as well as in relaxing regulations that may be expensive to implement.

NAM also called on lawmakers to provide certainty to the industry, averting next year’s “tax armageddon,” which is set to happen when a number of provisions in the 2017 tax law, known as Tax Cuts and Jobs Act expires.

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“There’s a lot of talk right now on both sides of the aisle, frankly, about the possibility of raising taxes on manufacturers, taxes on businesses,” NAM CEO Jay Timmons told FOX Business this summer. “It won’t help us. You know it won’t help us grow. This will not help our economy grow. And it will definitely not help our leadership.”

FOX Business’ Edward Lawrence contributed to this report.