Are February’s Disappointing Jobs Numbers the Start of a New Trend or Just a Blip?

Elizabeth Brotherton-Bunch

Elizabeth Brotherton-Bunch Digital Media Director, Alliance for American Manufacturing

The Labor Department released its monthly jobs report on Friday, and it was a… good one? Bad one? O.K. one?

Manufacturing gained 4,000 new jobs in February, while 20,000 new jobs were created across the economy. That was well below expectations of around 180,000 new jobs.

Over at the White House, President Trump shrugged off the report, and some economists also said they weren’t all that concerned. After all, wages are on the rise, suggesting things are still strong. Unemployment rates for workers who didn’t graduate high school fell 5.3 percent, a sign that the economy is still doing just fine.

Meanwhile, the weather was pretty brutal across the country in February, which probably slowed hiring down quite a bit.

But not everybody is so confident. After all, 20,000 jobs isn’t great, especially when you consider that factory jobs alone had grown by an average of 22,000 new jobs per month over the past 12 months.

“This is a disappointing report. I don’t think there’s any way to sugarcoat it,” Carl Tannenbaum, chief economist of Northern Trust in Chicago, told the New York Times.

So who has it right?

We just don’t know for sure. But we do know that there are policies that will help grow the economy and keep job growth strong, especially in manufacturing.

Infrastructure seems like a good place to start. While “Infrastructure Week” has become a jokein political circles these days, there is a reason why it is the one thing that can bring business and labor together – it will create jobs and boost the economy. If an infrastructure investment package includes strong Buy America preferences, that’s even better.

Meanwhile, more investment is also needed in federal R&D partnerships like the Manufacturing USA institutes, and we need to train the next generation of workers for high tech jobs.

Then there’s the impending trade deal with China. Manufacturers need a tough, enforceable deal that takes on China’s trade cheating and levels the playing field for American workers and businesses.

As always, we’ll keep a close eye on the manufacturing jobs numbers to see whether the hiring slowdown continues, or if February's numbers are indeed just a blip.

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Reposted from AAM

Posted In: Allied Approaches, From Alliance for American Manufacturing

Union Matters

He Gets the Bucks, We Get All the Deadly Bangs

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

National Rifle Association chief Wayne LaPierre has had better weeks. First came the horrific early August slaughters in California, Texas, and Ohio that left dozens dead, murders that elevated public pressure on the NRA’s hardline against even the mildest of moves against gun violence. Then came revelations that LaPierre — whose labors on behalf of the nonprofit NRA have made him a millionaire many times over — last year planned to have his gun lobby group bankroll a 10,000-square-foot luxury manse near Dallas for his personal use. In response, LaPierre had his flacks charge that the NRA’s former ad agency had done the scheming to buy the mansion. The ad agency called that assertion “patently false” and related that LaPierre had sought the agency’s involvement in the scheme, a request the agency rejected. The mansion scandal, notes the Washington Post, comes as the NRA is already “contending with the fallout from allegations of lavish spending by top executives.”

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Corruption Coordinates

Corruption Coordinates