---
title: August Jobs Report gives hope for lower inflation and interest rates
description: The America’s Work Force Union Podcast is the nation’s premier daily labor program. Scott Paul from the AAM joined us on today’s show.
image: https://awf.labortools.com/hubfs/AAM%20(1).png
---

 1 min read

Season 5, Episode 183

# August Jobs Report gives hope for lower inflation and interest rates

[ awfblog ](https://awf.labortools.com/listen/author/awfblog)  September 12, 2024

[America's Work Force Union Podcast](https://awf.labortools.com/listen/tag/americas-work-force-union-podcast) [AWF](https://awf.labortools.com/listen/tag/awf) [Alliance for American Manufacturing (AAM)](https://awf.labortools.com/listen/tag/alliance-for-american-manufacturing-aam)

![AWF-Blogo-Logos-Template-400x400_allianceamericanmanufacturing](https://awf.labortools.com/hs-fs/hubfs/AmericasWorkForce/podcast%20logos/AWF-Blogo-Logos-Template-400x400_allianceamericanmanufacturing.png?width=400&height=400&name=AWF-Blogo-Logos-Template-400x400_allianceamericanmanufacturing.png)

 

Guest Name:

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Scott Paul

 Guest Website:

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[Alliance for American Manufacturing](https://www.americanmanufacturing.org/) 

 Guest Social Media:

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[ Facebook](https://www.facebook.com/AmericanManufacturing)

[ Twitter](https://twitter.com/KeepitMadeinUSA)

[ YouTube](https://www.youtube.com/user/AmericanMfg)

[ LinkedIn](https://www.linkedin.com/)

 Supportive Documents:

---

Scott Paul, President of the [Alliance for American Manufacturing](https://www.americanmanufacturing.org/), joined the America’s Work Force Union Podcast to discuss the [August Jobs Report](https://www.bls.gov/news.release/pdf/empsit.pdf) from the [Bureau of Labor Statistics](https://www.bls.gov/) and the potential impact on inflation and interest rates. He also discussed how investments in American-made products and infrastructure have given him hope for the future of manufacturing in America.

The August Jobs Report reported that another 24,000 jobs were lost in American Manufacturing in August. Paul discussed why the August report is not as bleak as it appears and why he’s optimistic about the future. He discussed what could happen with the Federal Reserve and potential changes.

Paul said America's investments in clean energy, infrastructure and semiconductor manufacturing should set the country up for success in the future. However, there are potential risks depending on policies from Washington, D.C. He discussed his concerns with International Trade Policy and tariffs that are being discussed this political season. 

Finally, Paul discussed the union workforce that manufactures all the Wilson Footballs used by the NFL and colleges nationwide. The company is based in Ada, Ohio, and is a great example of good union jobs leading the way in the manufacturing industry. He shared that several leagues have recently signed contracts with other union manufacturers and hopes to see the trend continue.

Listen to the show above to hear more from Paul and the AAM.

---

 America’s Work Force is the only daily labor podcast in the US and has been on the air since 1993, supplying listeners with useful, relevant input into their daily lives through fact-finding features, in-depth interviews, informative news segments and practical consumer reports. America’s Work Force is committed to providing an accessible venue in which America's workers and their families can hear discussion on important, relevant topics such as employment, healthcare, legislative action, labor-management relations, corporate practices, finances, local and national politics, consumer reports and labor issues.

 America’s Work Force Union Podcast is brought to you in part by our sponsors: AFL-CIO, American Federation of Government Employees, American Federation of Musicians Local 4, Alliance for American Manufacturing, Anthem Blue Cross Blue Shield, Brotherhood of Maintenance of Way Employes-IBT, Boyd Watterson, Columbus/Central Ohio Building and Construction Trades Council, Communication Workers of America, Mechanical Insulators Labor Management Cooperative Trust, International Association of Heat and Frost Insulators and Allied Workers Local 50, International Federation of Professional and Technical Engineers, International Union of Bricklayers and Allied Crafts, International Union of Painters and Allied Trades District Council 6, Ironworkers Great Lakes District Council, Melwood, The Labor Citizen newspaper, Laborers International Union of North America, The National Labor Office of Blue Cross and Blue Shield, North Coast Area Labor Federation, Ohio Federation of Teachers, United Labor Agency, United Steelworkers.

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