Money
US Manufacturing Jobs Flatline Under Trump After Biden-Era Recovery Gains
Breaking Points
Jobs DISASTER, BBQ Prices Skyrocket
What was said
"There was some genuine manufacturing employment improvement and for the first time in a long time. Coming out of a recession normally what happens in these drops is that the manufacturing employment never comes back and so this time it came back and it actually recovered beyond where it was during the COVID crash. Now you can see the rate here under the Trump administration where it's just completely flatlined, it's fallen off."
Analysis of Bureau of Labor Statistics data shows manufacturing employment, which had been recovering during the Biden administration for the first time in decades, has now flatlined or declined under Trump. This represents the opposite outcome of Trump's campaign promises to restore manufacturing jobs through tariffs and represents a reversal of modest Biden-era gains from the CHIPS Act and other industrial policy.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- Breaking Points
- Episode
- Jobs DISASTER, BBQ Prices Skyrocket
- Clip time
- 16:02
- Original source
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Breaking Points