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US factory headcount falling despite Trump's promised manufacturing boom
Factory payrolls fell to 12.7 million after an 8,000-job drop in December, marking an eight-month decline amid tariff-driven trade shifts and narrow sector hiring.
- On Jan 9, Reuters reported the U.S. manufacturing sector lost 8,000 jobs in December, extending a decline to 12.7 million since April, the lowest since March 2022.
- The tariff reshuffling has led firms to frontload inventory and slow U.S. imports, with trade shifts generating roughly $30 billion monthly in tariff revenue across U.S. consumers, importers, and exporting firms.
- The local example shows JB Brown, CEO of BCI Solutions, reduced his workforce to 130 from 240 over 27 months, with capacity at 52%.
- Data released on Friday showed the unemployment rate fell slightly to 4.4% from 4.5%, but U.S. Federal Reserve officials noted job creation estimates for 2025 slowed to 49,000 per month from 168,000 the prior year.
- The U.S. Supreme Court is expected to rule soon on tariffs, while hiring breadth remains narrow and the Black unemployment rate has increased from 6.2% to 7.5%.
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11 Articles
US factory headcount falling despite Trump's promised manufacturing boom
U.S. manufacturing jobs in December continued an eight-month skid that began last spring after President Donald Trump rolled out aggressive import taxes that he pledged would lead to a resurgence of blue-collar jobs by reshuffling world trade to favor U.S. workers.
·United Kingdom
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US factory headcount falling despite Trump’s promised manufacturing boom
US manufacturing sector loses jobs despite Trump's promises of a manufacturing boom The US manufacturing sector lost 8,000 jobs in December, and 75,000 for the year. This came against the backdrop of Trump's trade tariffs, which were supposed to revive industry, but led to reduced hiring and increased costs.
·Kyiv, Ukraine
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Coverage Details
Total News Sources11
Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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