November in Numbers

With the beginning of a new month comes the statistics of the past month. And this year, they’re looking positive. Thanks to an increase in new orders and production, U.S. factories saw the greatest increase in business since June 2011. Washington reported that manufacturing has increased for the past 28 consecutive months. The Department of Labor said that the number of unemployment applications increased to approximately 400,000 last week, the greatest increase over the past four weeks. While they also reported productivity of those employed rose at an annual rate of 2.3 percent during the July through September quarter. These statistics suggest that the hiring market may be growing at a slower rate compared to production output. The Commerce Department states that construction spending rose for the third consecutive month, however in spite of the increase spending overall remained low in November.

While the unemployment rate stayed at 9 percent for the second month in a row, payroll provider ADP seems optimistic, stating that companies added nearly 206,000 workers last month. Few economic indicators point toward the economy slowly reaching recovery while U.S. factories are reaping the benefits from increased auto sales and subsequent parts and raw material sales.

Consumer confidence seemed to reach an all-time high over the holiday weekend, giving corporations hope that steady growth is here to stay and ultimately will create more jobs in the coming year.

Hopeful corporations means factories and plants will want to ensure their workforce is trained to meet the highest of standards. ITC Learning strives to help organizations achieve the productive and efficient output goals they aim to reach. ITC Learning’s impeccable industrial training skills ensure that your workforce is properly and effectively trained for their job on the factory floor. From process training to maintenance training we aim to provide easy to use and innovative training courseware. At ITC Learning we offer full motion video courseware. With video gradually becoming a more engaging form of communication compared to simple text and images, we are able to provide a learning experience for adult learners like no other training program. By utilizing video courseware, instruction is put into action. As a result, your trainees are able to see how processes and procedures are carried out in real time.  Click here to browse ITC’s video courseware catalogue and our expansive library of online training courseware.

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