agent Entrepreneur logo
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

Blue and white RV parked on beach facing the ocean.
Industryby Lauren LawrenceSeptember 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industryby Hannah MitchellSeptember 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industryby Lauren LawrenceAugust 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...
Mitsubishi shadow line-up
Industryby Hannah MitchellAugust 25, 2026

Mitsubishi Unveils U.S. Plan

The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.

Read More →
Photo of a laptop, cellphone and eyeglasses on a desk next to an office window
IndustryAugust 24, 2026

Selling to Grow

The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.

Read More →
Mechanic holding a vehicle diagnostic device while standing above an open car hood
Industryby Hannah MitchellAugust 24, 2026

Recalled Vehicles Hit 5-Year High

Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.

Read More →
Ad Loading...
outside of car dealership with cars parked in front
Industryby Lauren LawrenceAugust 20, 2026

Auto Group Acquires Top-Performing Rooftop

Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.

Read More →
Cars from the rear on a Shanghai freeway
Industryby Hannah MitchellAugust 19, 2026

China as Pacesetter

Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.

Read More →
Orange BMW car on empty road.
Industryby Hannah MitchellAugust 14, 2026

BMW Concept Car Makes Fuel to Burn

The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.

Read More →
Ad Loading...
Six men standing for photo outside of car dealership
Industryby Lauren LawrenceAugust 13, 2026

South Carolina Auto Group Downsizes

Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.

Read More →
Ad Loading...