Lagging U.S. Competitiveness and High Interest Rates Take Their Toll on Factory Jobs
July 06, 2024
July 06, 2024
WASHINGTON, July 6 (TNSres) -- The Alliance for American Manufacturing issued the following news release:
U.S. manufacturing lost 8,000 jobs in June, according to data released by the Bureau of Labor Statistics on Friday.
Alliance for American Manufacturing President Scott Paul said:
"As we've regularly said for the past 18 months, the combination of an overly strong dollar and high interest rates are dampening factory jobs growth. June's numbers bear . . .
U.S. manufacturing lost 8,000 jobs in June, according to data released by the Bureau of Labor Statistics on Friday.
Alliance for American Manufacturing President Scott Paul said:
"As we've regularly said for the past 18 months, the combination of an overly strong dollar and high interest rates are dampening factory jobs growth. June's numbers bear . . .