国际英语新闻:Obama signs bill to boost U.S. manufacturing
The job market remains sluggish despite a number of initiatives the administration has undertaken. Unemployment rate stayed flat at a near record high of 9.5 percent in July, and nonfarm payroll employment declined by 131,000, the Labor Department reported on Friday.
The manufacturing bill is part of a broader agenda called "Make it in America," a legislative initiative from House Democrats to boost American manufacturing and create new jobs.
The agenda contains a variety of bills to encourage investments in industry, improve manufacturing infrastructure and innovation and strengthen the American workforce.
Republicans criticize the initiative as politically motivated, designed primarily to save the jobs of endangered Rust Belt Democrats whose races could determine the balance of power in the midterm elections in November.
Manufacturing has been declining in terms of its share in the overall economy and employment since the late 1970s. During the past decade, the number of workers absorbed by the sector has fallen from 17.3 million in 1999 to 11.7 million last year, according to the Labor Department.
Some analysts doubt whether manufacturing can drive the world's largest economy, since the U.S. does not have advantages with respect to labor cost and other factors. They even worry about the possibility that the Obama administration's bet on the industry might lead to a new round of protectionism.
相关文章
- 欧美文化:Emergency rooms see more gun violence victims in U.S. in 1st year of pandemic: CNN
- 欧美文化:Sri Lankan military authorized to maintain law, order amid unrest
- 欧美文化:Russian FM visits Algeria to mark 60th anniversary of ties
- 欧美文化:Turkey, Kazakhstan aim to reach 10 bln USD in bilateral trade: president
- 欧美文化:Serbia, China commemorate journalists killed in NATO bombing 23 years ago
- 欧美文化:U.S. unemployment rate unchanged at 3.6 pct in April amid tight labor market
- 欧美文化:U.S. FDA limits use of Johnson & Johnson COVID-19 vaccine over blood clot risk
- 欧美文化:UN chief calls for end to "cycle of death, destruction" in Ukraine
- 欧美文化:Nearly 15 mln deaths directly or indirectly linked to COVID-19: WHO
- 欧美文化:U.S. secretary of state tests positive for COVID-19