Aviation Industry in 1957: Employment

At the end of the first quarter of 1957, the aircraft industry led all other manufacturing industries in employment with 899,200 on its payrolls. This figure reached a high of 909,000 in April. However, shortly after this, Congressional cuts in military requests for 1958 caused the Department of Defense to order total spending for 1957-1958 reduced from a projected $42,000,000,000 to $38,000,000,000. The United States Air Force cancellation of the Navaho missile to be built by North American Aviation, for example, caused that firm to discharge about 12,000 employees. Another cancelled missile was the Navy’s medium range surface-to-surface missile Triton. As a result, employment figures dropped sharply in the latter half of the year to an estimated 800,000 by year’s end. This placed the industry second again to the automotive industry as top employer in the country.

 

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