U.S. Manufacturing Sector Lost 6,000 Jobs in June: Alliance for American Manufacturing (AAM) Statement
U.S. Manufacturing loses 6,000 jobs in June 2013.
#AAMeter Falls to +13,000 jobs.
The latest monthly U.S. jobs report shows America's manufacturing sector lost 6,000 jobs in June 2013, a setback in the effort to create 1 million new manufacturing jobs in President Obama's second term.
Commented Scott Paul, President of the Alliance for American Manufacturing (AAM):
"The economy is producing jobs, but they are, generally-speaking, lousy ones. Goods-producing, family-supporting industries like manufacturing are falling behind.
"President Obama is at a critical juncture now: Is he the steward of a low-wage recovery, or will his actions now focus on middle-class jobs that move us forward?
"The President laid out a goal of creating a million new manufacturing jobs in his second term. That effort is off to a terrible start. And it won't improve unless we change course on policy. First, the trade deficit must come down through a combination of aggressive enforcement of trade laws and halting the currency manipulation of countries such as Japan and China. Second, we must invest in infrastructure, innovation, and the manufacturing workforce. America will only win by adopting 'high road' strategies such as these."
During the 2012 presidential campaign, President Obama set a goal of creating 1 million new manufacturing jobs in his second term. To follow the president's progress, the Alliance for American Manufacturing (AAM) has launched a Jobs Tracker, the #AAMeter.
By using monthly jobs data from the Bureau of Labor Statistics (BLS), AAM maintains a running monthly tally of manufacturing jobs created during the president's second term.
This month, AAM will release a new book, 'ReMaking America,' that features a series of original essays from renowned experts from across the political spectrum, each focusing on a different facet of the challenges facing American manufacturers. Together, they provide a blueprint for an American manufacturing resurgence.
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