Back in April, Donald Trump touted his aggressive tariff policy as a catalyst for the reshoring of manufacturing jobs. Eight months later, reshoring progress is nowhere to be seen.
The jobs report from the Bureau of Labor Statistics released last week found that while nonfarm payrolls increased by 119,000, there were 6,000 fewer manufacturing jobs, adding to the tally of 59,000 lost factory jobs since Trump’s April vows to ignite domestic manufacturing. The Labor Bureau’s data is consistent with the Institute for Supply Management November report, which indicated an eighth consecutive month of contracting manufacturing jobs.
“The US is losing blue-collar jobs for the first time since the pandemic…as manufacturing industries lose jobs at a rapid pace while growth in construction & transportation has nearly zeroed out,” economic commentator Joseph Politano noted in a LinkedIn post last week.
Yeah this is what they said would happen, shocker. He oversaw a shrinkage of blue collar jobs his first term too. He’s probably the most anti-middle-class president ever.
Trump, losing manufacturing jobs? Unthinkable, what does he think this is? 2017-2020?
Yeah I work in manufacturing, Biden was good for business, Trump has been awful for it both times.
Yeah, Trump’s an idiot, but the American people are bigger idiots for voting for him, twice.
LOL, “best efforts”.
Best efforts at extracting bribes, trinkets, and compliments.
Just 59k? Those are rookie numbers son!
I think it’s fair to say those rookie numbers don’t reflect reality. The orange turd can’t have his minions saying anything is less than perfect.
Its such incoherent policy.
If you want to bring jerbs back to the US just put a tax on outsourced services like call centers. Taxing goods is stupid shit, imo.
- subsidize domestic goods
- tax outsourced services - this also solves the tax haven issue.
“Best Efforts”?
Best efforts at emptying the cookie jar into the pockets of the rich and blaming everyone else for not giving up enough to keep it full.
This feels like an insult to Rita Repulsa.
“Best efforts”)
economies like stability, not being all over the place with policies with constant unexpected switches
Hey, relax Guy!
What “Best efforts?” Fucking up international trade? Didn’t seem like that took a lot of effort.
Yeah, of course they’re fucking plummeting, there’s no plan or structure to these tariffs. You can’t just put tariffs on everything and expect manufacturing to return to the U.S. You might be able to get automakers to reshore car manufacturing if you put tariffs on foriegn-made cars, but if you’re also putting tariffs on imported steel, then they’re not going to spend hundreds of millions of dollars to build plants in the U.S. just to spend more on materials. They’re just going to charge people more for cars.
