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Manufacturing sector keeps bleeding jobs. September saw another 6K positions vanish—that's five months straight of contraction now.
The damage? 58,000 jobs gone since this slide began. Current headcount sits at 12.71 million, a level we haven't seen since early 2022.
This steady erosion tells a story about where the industrial base is headed. When factories shed workers month after month, it's not just numbers—it ripples through supply chains, consumer spending, and eventually hits risk assets. Worth watching how this employment trend plays into broader market sentiment.