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Unexpected Drop in U.S. Unemployment Helps Markets Rally; Investment plan could create up to 150,000 jobs, say unions; Why Automation Is Crucial To Manufacturing Resiliency.<br><br>#mrpeasy #manufacturing #manufacturingnews #manufacturingsoftware #investmentplan #usmanufacturing #mrpsoftware #mrpsystem #erpsystem
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Unexpected Drop in U.S. Unemployment Helps Markets Rally; Investment plan could create up to 150,000 jobs, say unions; Why Automation Is Crucial To Manufacturing Resiliency.
Unexpected Drop in U.S. Unemployment Helps Markets Rally Unemployment fell to 13.3 percent in May, with a gain of 2.5 million jobs. Stocks surge as jobs report defies expectations. The Nasdaq is just shy of a record. The rehiring bonanza at restaurants helped to lift payrolls. Joseph Biden criticizes President Trump’s handling of the economy. Consider the economic pain that the unemployment rate leaves out. Source: The New York Times. • • • • •
Investment Plan Could Create up to 150,000 Jobs, Say Unions Up to 150,000 jobs could be created if the Scottish government invested £13bn in new infrastructure projects, a new study has claimed. The Scottish Trades Union Congress (STUC) research said the posts could be created in areas such as offshore wind and renewables manufacturing. A further 50,000 jobs could be created in retrofitting buildings to higher standards, the report claims. Source: BBC.
Why Automation Is Crucial To Manufacturing Resiliency The economic crisis brought on by Covid-19 has uncovered hidden vulnerabilities in global supply chains. One of the most glaring: a lack of responsiveness and adaptability. Just as the software industry was dramatically changed by the introduction of software-as- a-service, automation can now be leveraged by essentially hiring a robot. That shifts capital expenditures to operating expenses, minimizing both cost and risk for manufacturers. Source: Forbes.
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