A pretty healthy pace as the year winds down.
Jobs Day! It’s Jobs Day, everyone! How did we do? Let’s got to CNBC:
Man, you know we like that at the Alliance for American Manufacturing. Employment growth in the manufacturing sector has been good in 2017; 171,000 total jobs since the beginning of January. By the time the year is out, the total will most likely be just under the best year the Obama administratoin (2014, when 208,000 were created).
President Trump, we’re sure, is pleased with the results.
“The unemployment rate remains at a 17-year low of 4.1%. The unemployment rate in manufacturing dropped to 2.6%, the lowest ever recorded. The unemployment rate among Hispanics dropped to 4.7%, the lowest ever recorded...”@SecretaryAcosta @USDOL pic.twitter.com/vou28s0yHN— Donald J. Trump (@realDonaldTrump) December 8, 2017
Yup! He is.
Anyway, Here what AAM President Scott Paul had to say:
A healthy boost in manufacturing jobs is something to cheer about.
Now imagine the possibilities if we had better public policies to support manufacturing: Reciprocal trade, investments in infrastructure, workforce development, and strong R&D.
I've made the case that automation and robots won't destroy all that many factory jobs, but bad policies will. I hope the million-plus manufacturing jobs added since 2010 make that case even more persuasive.