Manufacturing employment has grown slowly since returning to pre-pandemic levels

Manufacturing employment growth in the U.S. has been modest since returning to pre-pandemic levels, indicating underlying weaknesses. This trend suggests that while some gains are highlighted, broad improvements for middle-class workers remain elusive, per commentary from Peterson Institute for International Economics.

The issue:  

Manufacturing employment has indeed rebounded, but as of July 2024, it was only 1 percent higher than in January 2019, highlighting a slow growth trajectory. The sector's reduced share of overall employment and increasing requirements for skilled labor limit opportunities for workers without college degrees.

What they recommend:  

No recommendations provided in the commentary.

Go deeper:  

Despite ongoing efforts from the Biden administration to stimulate manufacturing growth in nontraditional areas, these initiatives have not created a significant resurgence in middle-class job opportunities. As manufacturing demands a more educated workforce, the traditional pathway towards these jobs is changing, making it harder for many workers to compete. The commentary raises concerns that the current administration’s strategies may not effectively address the needs of disadvantaged communities.

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