Auto Industry Forsees Job Increase

This article from the LA Times discusses how auto makers are planning to hire as many as 5000 workers in the next year, replacing some of the 40000 jobs lost during the economic recession last year. Auto makers are estimating that sales will rise approximately 10% over 2009.

Many auto makers are making an additional effort to increase production of trucks, as they are hoping that an improved outlook in the housing and construction markets will increase demand for work vehicles. Sales of pickups had increased their market share by a whole percent during the final month of 2009.

While the title of the article suggests that the total number of auto industry jobs will increase, the end of the article also says that as many as 15 more plants will be closing in the next 3 years, costing thousands of jobs. Additionally, the payrolls of Detroit's 3 largest automakers are likely to continue their decline through the next year.