Factories Added More Jobs in January Than All of 2023: AAM Statement

Tags Manufacturing

Washington, D.C. — Factories gained 23,000 jobs in January, according to data released by the Bureau of Labor Statistics on Friday. 

Alliance for American Manufacturing President Scott Paul said: 

“Manufacturing added more jobs in the month of January than it did in all of 2023. That’s a promising start to the year. But there are looming threats on the horizon, including high borrowing costs and serious economic challenges in China that have already permeated the global market. 

“Lawmakers can help by keeping the industrial policy framework in place that has led to record factory construction. The Biden administration and Congress must also apply strong trade enforcement or risk eroding America’s industrial renaissance. There is absolutely no reason to lower or weaken tariffs and other measures in place to defend our industries from foreign cheating, particularly from China.”