Strategies That Grew Jobs
Strategies That Grew Jobs
Manufacturing closed out the year on a positive note, as 17,000 new jobs were created in December, according to new employment data from the Labor Department. Over the past four years, Alliance for American Manufacturing (AAM) used the #AAMeter to track President Obama's goal of creating 1 million new manufacturing jobs. It now sits at +315,000 jobs. AAM highlights four major strategies that worked towards boosting the manufacturing sector.
- The Auto Industry rescue and restructuring:
President Obama continued with the auto rescue, begun under President George W. Bush. This step saved hundreds of thousands of middle class manufacturing jobs.
- Robust Enforcement of Trade Agreements:
Since 2009, the United States has filed 23 enforcement complaints at the World Trade Organization (WTO), more than any other WTO Member and the United States has won every single one of those disputes that has been decided by the WTO so far. Also, the Commerce Department regularly issued anti-dumping and countervailing duties against imports dumped into the U.S. market, thus leveling the playing field for American workers and companies to compete on the global stage.
- American Recovery and Reinvestment Act of 2009 (commonly known as 'The Stimulus'):
The Stimulus did invest money into much-needed infrastructure projects throughout the country. Further, the Fixing America's Surface Transportation Act, the $305 billion measure, was the first long-term surface transportation bill in a decade.
- Manufacturing USA:
Previously known as the National Network for Manufacturing Innovation, Manufacturing USA is a collection of public-private partnerships located throughout the country that are designed to work to “secure America’s future through manufacturing innovation, education and collaboration.” There are now 13 institutes working on developing cutting-edge technology and training American workers, bringing together government, academia and the private sector. The government’s $920 million investment has been matched by $1.87 billion in private funds, ensuring that the network’s work will continue long-term.
On the trade front, the Commerce Department reported a goods and services deficit of $45.2 billion in November, up $2.9 billion from the previous month. The goods deficit with China hit $28.4 billion.
Said Alliance for American Manufacturing (AAM) President Scott Paul:
"We applaud President Obama for setting an ambitious manufacturing job creation goal at the start of his second presidential term. While we didn't see a million new jobs, there were hundreds of thousands of new factory jobs created, which is a good thing. President-elect Donald Trump also has promised to grow American manufacturing jobs. We believe in reminding our leaders of their campaign promises, and will work to hold the President-Elect accountable."
About the Alliance for American Manufacturing (AAM)
The Alliance for American Manufacturing (AAM) is a non-profit, non-partisan partnership formed in 2007 by some of America’s leading manufacturers and the United Steelworkers. Our mission is to strengthen American manufacturing and create new private-sector jobs through smart public policies. We believe that an innovative and growing manufacturing base is vital to America’s economic and national security, as well as to providing good jobs for future generations. AAM achieves its mission through research, public education, advocacy, strategic communications, and coalition building around the issues that matter most to America’s manufacturers and workers