CHART: US Auto Industry Hiring Has Been On An Absolute Tear

The bailout of the auto companies was a controversial one.  Nevertheless, the rebound in the U.S. auto sector has been spectacular.

Yesterday, we learned that U.S. auto sales jumped to 15.1 million at a seasonally adjusted annual rate, smashing expectations.

And according to the Bureau of labour Statistics, the auto industry has added a whopping 207,600 jobs since June 2009, the recent bottom for employment in the industry. Here’s a chart from a new presentation by the US Treasury Department.


Photo: US Department Of The Treasury

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