GOOD NEWS: Aerospace Jobs Up

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US Aerospace employment increased just slightly in March to 651,700, compared to the 2007 year-end average of 645,600, according to the Aerospace Industries Association.

Aerospace employment has climbed steadily since hitting a 2003 low of 587,100.

Employment is tied closely to industry sales, which reached a record $198.8 billion in 2007 and are expected to eclipse $210 billion in 2008, AIA said.

The industry is facing a potential workforce "crisis" as longtime employees retire. Almost six in 10 US aerospace workers was at least 45 years old last year.

AIA President and CEO Marion Blakey said in a statement: "As the workers that won the Space Race and the Cold War get ready to retire, there is a whole world of opportunity in this industry. We can't encourage the next generation of workers enough to study math and science so as to take advantage of the enormous number of exciting career opportunities."

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This page contains a single entry by Muhammed El-Hasan published on May 13, 2008 10:25 AM.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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