rcent in 2021 to nearly $2.4 billion. It is responsible for 11% of the American economy. But, when thought of as just a fraction of GDP, the manufacturing industry data continue to shrink as does the decline of 70 years ago.

The 2021 tariffs benefitted several manufacturers, however trade was harmed. There was some damage to trade. U.S. only exports a only a small fraction of its produced items, yet shipments fell drastically in 2013 due to retaliation by several countries against those who retaliated against the United States’ tariffs. In addition, companies that used Chinese components for their manufacturing process ended up needing the need to find replacements in order for their manufacturing processes to ensure they continue to run.

For working, the industrial sector keeps taking up a lot of workers, adding 1.4 million people in the wake of the epidemic. Manufacturers employ nearly 13 million employees at present. It’s about 8.5 percent of all non-farming workforce. The 760,000 contract employees employed by companies are not included in the figures. Also, it doesn’t take into the outsourced services which vary from warehouse supervisors to equipment maintenance contractors.

Staffing Agencies

Employment agencies have also been making headlines in the news today. The entire United States is witnessing an increase of requirement for contract employees. The fields which are now major employers of contractural staff include manufacturing, engineering I.T., fintech, the pharma industry, and e-commerce. The majority of tier 1 city candidates are looking for skill-based/aspirational opportunities when it comes to new jobs as compared to compensation-driven candidates. The growth registered in contractural staffing is expected to rise. This trend of growth is not exclusively driven by I.T./ITeS However, it could also be seen in different areas including engineering agencies.

There are many benefits of contractural personnel that could be driving the

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