P&A Providers & Administrators
MenuMENU
SearchSEARCH

Auto-Sector Jobs Account for Much of October Growth

November 4, 2011
2 min to read


WASHINGTON — The auto sector accounted for 12,500 new jobs in October — as it remains a bright spot in the struggling economy.


Over the last 12 months, the auto and parts industry has accounted for 75,000 new jobs, reported The Detroit News.

Ad Loading...


The Labor Department's Bureau of Labor Statistics reported Friday that the nation added 80,000 new jobs in October and the unemployment rate fell to 9 percent from 9.1 percent.


Auto dealers added 3,900 jobs to 1.049 million; auto parts dealers added 2,400 to 637,800.


Automakers and parts manufacturers added 6,200 to 710,400 jobs.


Over the past year, auto dealers have added 33,000 jobs, while auto parts dealers have added 12,000 jobs. Auto and parts manufacturers have added 30,000 new jobs.


But the growth comes after a severe decline in the sector, with hundreds of plants closed nationwide and tens of thousands of workers laid off as General Motors and Chrysler Group LLC underwent bankruptcy restructuring and many suppliers filed for bankruptcy.

Ad Loading...


The sector is down dramatically over the past four years, as automakers cut production, ended brands — such as Mercury, Hummer, Saturn and Pontiac — and closed dealers.


In October 2007, auto dealers employed 1.25 million people — or 200,000 more than today. Auto parts dealers employed 660,000 people — or 22,000 more than today.


Automakers and parts makers employed 990,000 people in October 2007 — 280,000 more than today.


More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →