Washington, D.C. – Manufacturing added 19,000 jobs in January, according to data released by the Bureau of Labor Statistics on Friday.
Alliance for American Manufacturing President Scott Paul said:
“2022 was a huge year for factory job growth, and it looks like that trend is continuing into the new year. And I’m optimistic that in the coming months we will see even more manufacturing employment gains thanks to the passage of legislation like the Bipartisan Infrastructure Law, Inflation Reduction Act, and CHIPS and Science Act. Industrial policy works.
“But now comes the hard part. Threats remain, and manufacturing will hit a road block if the Fed decides to raise interest rates, for example. And if we want to sustain this job growth over the long term, it’s vital that the work done over the past year and a half is the first step, not the last word. That starts with proper enforcement of the Buy America provisions in the infrastructure law. And it also includes making additional strategic investments in critical sectors.
“For decades, we heard from the naysayers that American manufacturing was dead. The jobs gained over the past year prove them wrong, and if we do things right, it can be just the beginning of America’s manufacturing renaissance.”