Manufacturing Loses 10,000 Jobs in January; Down 582,000 Jobs Since February 2020

Tags Jobs

Washington, D.C. – Manufacturing lost 10,000 jobs in January following eight months of small but steady gains, according to data released on Friday by the Bureau of Labor Statistics. The sector is still down 582,000 jobs since February 2020, and the entire economy remains sluggish, gaining just 49,000 new jobs last month.

Alliance for American Manufacturing President Scott Paul said:

“We look forward to working with the Biden administration and Congress to secure robust investments in infrastructure and clean energy that will support and grow American manufacturing jobs. Factory jobs are still 582,000 in the hole since the onset of COVID-19, but a brighter future is possible.

“First, we have to get the pandemic under control and stimulate economic recovery. Then, we can make durable investments that will jolt the economy and literally lay the groundwork that will benefit future generations.” 

Earlier this week, Scott Paul outlined in The Hill how President Biden could turbocharge factory job growth by remaking America’s industrial policy.