The U.S. manufacturing industry is on a hiring blitz as it combines traditional factory work with modernization.
"Intel’s CEO, Pat Gelsinger, who is here tonight, told me they are ready to increase their investment from $20 billion to $100 billionIntel, which is also rolling out about $50 billion to expand factories at the Ocotillo campus in Chandler, Arizona, is among the American businesses trying to reduce their dependence on foreign chip making, which is dominated by China and other regions of Asia. The industry currently employs 12.5 million workers and counting.
The Labor Department's February employment report will be released tomorrow. U.S, employers are expected to have created 438,000 jobs, slightly less than the 467,000 added in January. Manufacturers are expected to have added 23,000.
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