BLS: 32,000 New Factory Jobs in October
Washington, D.C. – The manufacturing sector added 32,000 new factory jobs in October, according to the latest employment data from the Bureau of Labor Statistics. Over the year, the sector has added 296,000 jobs.
Alliance for American Manufacturing President Scott Paul said:
"It’s good news that factories hired 32,000 new workers in October. If there is any employment impact from tariffs or retaliation, it’s being more than washed away by the overall strength of the manufacturing economy. That said, tariffs alone aren’t going to keep manufacturing strong.
"We need to see structural economic reforms in China, a better deal for workers through fairer trade agreements with Mexico, Canada, Japan and the European Union, as well as a renewed effort to crack down on exchange rate misalignment and manipulation."