Cleveland’s manufacturing employment outlook in 2024 appears to be fairly steady. The U.S. Bureau of Labor Statistics (BLS) reported 119,600 manufacturing jobs in November 2023. This number was 0.2% lower than the previous November. The
Providing channels for feedback can boost employee engagement. Taking action in the areas of your organization that need improvement shows you value employee input. In return, employees are likely to stay engaged and productive. You
The technological advances of Industry 4.0 share enterprise information, streamline machinery functions and increase outputs and profits. However, these advances also increase the need for cybersecurity defenses in manufacturing companies. Secure manufacturing supports more effective
Inflation is an increase in the price of goods and services over time. This means higher costs for a manufacturing company’s raw materials and production inputs. Therefore, inflation can lead to decreased profit margins and
