Washington, D.C. — Factories gained 16,000 jobs in August, according to data released by the Bureau of Labor Statistics on Friday.
Alliance for American Manufacturing President Scott Paul said:
“It’s good to see manufacturing rebound after a long stretch of stagnant job numbers.”
“The Inflation Reduction Act’s one-year anniversary reminds us of the enormous potential for manufacturing job growth. Factory construction is booming across America, with more than $500 billion worth of announced investments in sectors like semiconductors, clean energy, and more. But whether this growth continues is contingent on proper implementation and enforcement of President Biden’s Made in America commitments.
“The American people want federal tax dollars reinvested into their communities. Now it’s time to get the job done.”
An overwhelming majority (78%) of voters believe the federal government should be required to buy American with its own purchases, according to polling conducted by Morning Consult for AAM in June. Read more about the poll results here.
Private companies have announced more than $511 billion in manufacturing investment since President Biden took office, according to the White House.