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U.S. changes in employment for selected time periods. The exact usefulness of these numbers is debated. On the one hand, they include only nonfarm payroll employment, which excludes certain types of jobs, notably the self-employed. However, as a semi-balancing factor, they count one person with two jobs as two employed persons.
It remains unclear whether the support for manufacturing provided by the Biden administration has yielded significant gains in output or jobs, experts said. The measures, however, have elicited a ...
The growth is expected to continue, with the Biden-Harris Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS and Science Act estimated to create 336,000 manufacturing jobs a year until 2035. In contrast, more than 200,000 manufacturing jobs were lost during former President Donald Trump’s single term.
When Trump took office in January 2017, there were 12.36 million manufacturing jobs. That number was up and down early in his administration. In January 2019 the figure was 12.83 million but a ...
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The size of the federal workforce ended Obama's administration essentially unchanged, increasing to 2.8 million from 2.79 million, and below the peak of 3.15 million during the Reagan administration. [10] Prior to becoming president, Trump indicated that he would institute a hiring freeze.
Manufacturing employment, like overall employment, plummeted as much of the US economy shut down in March and April 2020 – shedding 1.3 million jobs in April 2020 alone.
Trump then stated that he brought back 700,000 manufacturing jobs; a false figure given that the actual number was 487,000. [52] Biden then made several false claims, claiming that under Trump, the trade deficit with China grew and violent crime went up (only the national murder rate increased). [ 51 ]