1 min read

Season 5, Episode 30

Manufacturing industry adding more jobs as public funding increases

AWF-Blogo-Logos-Template-400x400_allianceamericanmanufacturing

 

Guest Name:

Scott Paul

Guest Website:

AAM 

Guest Social Media:

Facebook

Twitter

YouTube

LinkedIn

Mentions:

The Alliance for American Manufacturing’s President, Scott Paul, joined America’s Work Force Union Podcast to discuss the Bureau of Labor Statistics report on jobs in the manufacturing industry. Paul also discussed public funding for manufacturing and the national trade deficit.

The Bureau of Labor Statistics (BLS) recently released its monthly jobs report, which showed that there were over 23,000 jobs created in January 2024. This was good news compared to the 2023annual report from the BLS. Paul discussed how the 2023 numbers were impacted by cuts in spending by corporations. He then explained why the numbers will look better in 2024 and the factors that will significantly impact the availability of new jobs in the industry.

Paul then discussed how public funding increases will impact the manufacturing industry in 2024. Most manufacturers are looking for good, young workers to replace its aging workforce before the worker demand becomes too much. Paul talked about how these workers need to be well-trained to handle the new energy transition at the same time as replacing aging workers. To do this, unions need to be involved, and their apprenticeship programs will be crucial to making these ideas a reality.

The national trade deficit is still problematic, but Paul said the deficits are improving. The best sign of an improvement came in the goods purchased, where the deficit decreased by 10 percent. There are still some areas where the trade deficit continues to create a problem for Americans. One of the areas of watch for Paul is the goods coming from Mexico. He discussed some issues from goods originating in Mexico and how these can impact the American manufacturing industry.

For more on the American manufacturing industry, listen to the show above.


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, American Alliance for Manufacturing, Anthem Blue Cross Blue Shield, Columbus/Central Ohio Building and Construction Trades Council, Communication Workers of America, International Association of Heat and Frost Insulators and Allied Workers, International Association of Heat and Frost Insulators and Allied Workers Local 50, International Brotherhood of Teamsters, 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, The Labor Citizen newspaper, Laborers International Union of The National Labor Office of Blue Cross and Blue Shield, North America, North Coast Area Labor Federation, Ohio Federation of Teachers, Survey and Ballot Systems, United Labor Agency, United Steelworkers.

SUBSCRIBE ON:

Group 342

Group 341

Group 398

Group 343

Group 339

Group 397