It's also worth noting that on Aug. 21, the Labor Department issued a preliminary revision of its data that estimated that the number of manufacturing jobs created over the 12 months ending in March was likely 115,000 lower than the original estimate. The final calculation should be issued in early 2025. If that revision holds up, it would put the total number of manufacturing jobs added during the Biden-Harris administration closer to 614,000.
A little imprecise. ....some of the job gains were likely jobs returning after the economic fallout of the COVID era. Seems to contradict the graph. And the following should be credited largely to the Chips and Science Bill. A number not to be sneezed at.
and over $910 billion in private manufacturing investments have been announced nationwide.
The Commerce Department’s Commitment to Manufacturing
Through historic bills like the Bipartisan Infrastructure Law, Inflation Reduction Act, and CHIPS and Science Act, the Commerce Department is investing billions of dollars in U.S. manufacturing in communities across America and making transformational investments in what and how we manufacture in the United States.
During the Biden-Harris Administration, over 700,000 new manufacturing jobs have been created and over $910 billion in private manufacturing investments have been announced nationwide. As manufacturing has soared, so too has the opportunity for workers of all backgrounds to get good-paying, quality jobs.
One of those jobs belongs to Carlos from Baltimore. With a focus on veterans, disconnected youth, formerly incarcerated individuals, and other underserved populations, the Maryland Works for Wind project received $23 million dollars under the Good Jobs Challenge grant program to train thousands of individuals to enter good-paying jobs in the cleaner, greener manufacturing industries we need workers in to scale.
Pat, a training manager in Mississippi who is working on a similar Commerce-funded manufacturing workforce program, stressed how much the funding has helped his workers. “We’re getting kids right out of high school and training them for good-paying, high-quality jobs. They’re so proud to be making something of themselves.”
CHIPS for America is a Win for All Americans
Since the beginning of the Biden-Harris Administration, semiconductor and electronics companies have announced over $400 billion in private investments, catalyzed in large part by public investment.