America’s factory boom continues, as manufacturing adds 32,000 new jobs in October

| Posted by unionwear

    The Alliance for American Manufacturing recently sent a press release saying American factories added 32,000 new jobs in October.
     
    Here’s the text of the release:
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    Manufacturing added 32,000 jobs in October, according to data released by the Bureau of Labor Statistics on Friday. America’s factories are booming, gaining an average 37,000 jobs per month in 2022.
     
    Alliance for American Manufacturing President Scott Paul said:
     
    “Factory jobs continue to be a reliable engine of job growth, particularly for workers who aren’t seeking a four-year degree. The investments made over the past year in infrastructure, clean energy, EVs, and semiconductors should continue to pay job dividends next year and beyond. But there are threats to this growth: an overzealous Fed, global headwinds, and unwelcome pressure to lower tariffs and Made in America requirements.
     
    “Congress and the administration should stay focused and continue to build on the policy support that has laid a foundation for factory job growth. Today’s jobs numbers show what can happen when we begin to put an industrial policy in place.”