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New Manufacturing Jobs Are Being Created through a Revolution in Energy

oil-wellThe year 2020 isn’t too far away—and in the six short years it takes to get there, even more manufacturing jobs will be created.

According to Reuters, a majority of these new jobs will come from the energy sector. Projections are showing that energy-intensive manufacturing employment will increase by one percent each year, through 2020.

A large portion of these new jobs is going to metropolitan areas, about 72 percent of them in fact. The biggest contributors to this growth are all energy-intensive industries and have already added more than 196,000 jobs to the private sector between 2010 and 2012. These are companies that deal with fabricated metals and machinery, which have been receiving an economic boost from the increase in domestic oil and natural gas we’ve experienced over the last three years.

Currently, America is going through a bit of a boom cycle in oil and natural gas and many different manufacturing companies are benefitting from this surge, including the steel and iron industries and fabricated metals and machinery. In U.S. metropolitan areas, employment in those industries all increased by 9 or 10 percent between 2010 and 2012.

“We’re all aware of the incredible impact the energy revolution is having on our national economy,” Virg Bernero, mayor of Lansing, Michigan. “The growing competitiveness and increase in employment from these manufacturing sectors are important to our cities and metro economies.” The Waterbury, Conn. Mayor, Neil O’Leary, also responded to this report saying that savings from cheaper natural gas has helped manufacturers in Connecticut fund retraining programs. “All [this] equates to jobs,” he says.

This will also be great news for Millenials looking to find careers after they graduate. Millenials are going to make up approximately 75 percent of the global workforce by 2025, and if this rate of job increase continues, it will become clear that Millenials are the new leaders of this 21st century economy. If you’re looking for a fulfilling career that makes a difference in the world, manufacturing could very well be the job for you!

Six years seems very far off from the here and now, and families are still struggling to find employment opportunities. Luckily, if this boom in manufacturing keeps up in the years to come, American workers here in Nebraska and around the United States will help bring our economy back to its former glory. It’s absolutely amazing what energy can do to have an impact on employment!

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