Unemployment Rate Down; Factory Jobs Stalled: Alliance for American Manufacturing (AAM) Statement

The latest monthly jobs report
was issued this morning. The U.S. economy added 140,000 jobs to private
payrolls in November, and the unemployment rate dipped to 8.6%. The
U.S. manufacturing sector gained 2,000 jobs.
CLICK HERE to download a 60-second MP3
from Scott Paul, Executive Director of the Alliance for American
Manufacturing (AAM), regarding the weak monthly gains of the U.S.
manufacturing sector. Audio clip is intended for all media broadcasts;
please include attribution when airing.
Said Scott Paul, Executive Director of the Alliance for American Manufacturing (AAM):
"While a drop in the unemployment rate is always welcome news, I remain
concerned about the types of jobs that are being created, as well as the
jobs that we are still losing. Employment in manufacturing, which had
seen nearly 250,000 jobs added from January 2010 to June of this year,
is now stalled. The sector added just 2,000 jobs in November, and
manufacturing employment is virtually unchanged since July. If we want
to rebuild the middle class in America, we need strong employment growth
in manufacturing.
"I hope lawmakers and the Administration do not get a false sense of
security when they look at the drop in the unemployment rate, because
the underlying picture isn’t so rosy. That’s why investing in
infrastructure, piecing together a national manufacturing strategy, and
focusing our tax, procurement, and trade policies on boosting aggregate
demand in our nation are so important."
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