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Manufacturing sees strong job growth despite Trump’s trade wars

“Nonetheless, with nearly half a million open jobs in manufacturing today, and 2.4 million manufacturing jobs expected to go unfilled over the next decade, our industry faces an unprecedented workforce crisis.”” reports washingtonexaminer.com. The Bureau of Labor Statistics reported that manufacturing employers added 27,000 jobs in November, and 285,000 over the past year.The manufacturing sector showed strong hiring through November in the jobs report released Friday, suggesting that the Trump administration’s tariffs are not having a strong negative effect on the economy, at least not so far.The manufacturing sectors may have benefited from another tariff controversy: Fears that the Trump administration would raise tariffs on $200 billion of Chinese imports starting next year.The Trump administration has placed tariffs of 25 percent on steel imports and 10 percent on aluminum imports, arguing they were necessary to protect domestic industries and therefore ensure production for national defense.
 
Source: washingtonexaminer.com



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