Manufacturing Jobs ‘Roaring Back’?
Vice President Mike Pence touted the latest jobs report as proof that "manufacturing is roaring back." The previous administration made a similar claim, but experts then and now said it's premature to declare a manufacturing renaissance. The post Manufacturing Jobs ‘Roaring Back’? appeared first on FactCheck.org.
Vice President Mike Pence touted the latest jobs report as proof that “manufacturing is roaring back.” The previous administration made a similar claim, but experts then and now said it’s premature to declare a manufacturing renaissance.
The economy added 196,000 manufacturing jobs last year — the most in any year since 2014, when the economy added 208,000 manufacturing jobs, according to the Bureau of Labor Statistics. But the manufacturing sector has yet to fully recover from the Great Recession.
As of December 2017, there, . At last year’s growth rate, it would take until nearly 2023 just to recover the jobs lost during the recession.
