U.S. Manufacturing Loses 7,000 Jobs in November.
The latest monthly U.S. jobs numbers
were issued this morning. The U.S. manufacturing sector lost 7,000 jobs in November. On net, manufacturing employment has shown little change since May.
Said Scott Paul, Executive Director of the Alliance for American Manufacturing (AAM):
“Companies like Apple
are demonstrating that some reshoring is possible. But as the latest jobs report shows, we have a long way to go. I’m troubled by the stall we’ve seen in manufacturing job growth. Manufacturing unemployment has been essentially unchanged since May.
“President Obama has laid out a goal of creating one million new manufacturing jobs in his second term. That won’t be easy to do if we are merely treading water.
“Manufacturing played a huge role in the election, with unprecedented spending on TV ads on outsourcing and jobs. It’s time for both parties to channel their positive energy towards a manufacturing policy agenda, starting with passage of legislation to address China’s undervalued currency. We can’t wait any longer.”
The Alliance for American Manufacturing is a non-profit, non-partisan partnership formed in 2007 by some of America’s leading manufacturers and the United Steelworkers to explore common solutions to challenging public policy topics such as job creation, infrastructure investment, international trade, and global competitiveness. For more information, please visit www.americanmanufacturing.org.