Detroit’s three automakers expect to add about 33,000 jobs over the next four years, marking the end of years of employment decline in the Motor City.
Vehicle sales are rebounding at General Motors, Ford, and Chrysler, and after years of job cuts and the promises of new jobs in the latest round of contract talks, all three automakers will need more employees, Kristin Dziczek, director of the labor group for the Center for Automotive Research, told the Detroit Free Press
The Michigan job gains will include an estimated 12,000 salaried workers. By 2015, about two-thirds of the “Detroit Three” employees will once again be located in Michigan, partly because of planned plant closings in other states.
The hirings will reverse job losses that have gone on for more than 30 years, said Art Schwartz, a former General Motors labor negotiator and now president of Labor and Economics Associates.
However, the jobs are far behind what they were 30 years ago, when the Detroit Three employed about 1 million workers in the United States.
The employment gains will come along with a 28 percent increase in total industry employment.
Even more people will be hired through auto suppliers, because there will be an increased demand for parts. Dziczek believed about 100,000 to 150,000 will be hired by auto parts suppliers alone.
© 2021 Newsmax. All rights reserved.