Only one sector seems poised for job loss: The American Press Corps.
President Trump has been meeting with business leaders regularly since his inauguration, including a meeting this week. These sessions cover a wide array of topics and grew out of Trump’s December announcement of an advisory panel on manufacturing.
“Today we have 24 CEOs from the largest manufacturing companies in the country and even in the world. They represent–people in this room–nearly $1 trillion of sales and two million employees, large majorities of which are in the United States. They share our commitment to bring manufacturing back and to create jobs in this country,” Trump said.
Since Inauguration Day, Trump has made a weekly habit of meeting with heads of industry, business owners and economic advisers. The president’s C-suite get-togethers are already proving to be much more frequent than those of his most recent predecessors. In his first two months in office, Trump has gathered business leaders from a range of sectors seven times, while former President Barack Obama hosted two such meetings in his first year, and former President George W. Bush huddled with business leaders three times during his second year in the White House.
Following Thursday’s meeting, Dow Chemical CEO Andrew Liveris told reporters he and other leaders in attendance were “very encouraged” by Trump’s pro-business policies.
It appears that the focus on business is paying off for President Trump, as well as the nation. In recent weeks, there has been a spate of announcements related to hiring in manufacturing job sectors.
A country’s largest military shipbuilder is planning to hire 3,000 people.
The nation’s largest military shipbuilder says it plans to hire 3,000 workers in Virginia this year.
Huntington Ingalls Industries says that number includes 250 engineers and designers. Spokeswoman Christie Miller said its facility in Newport News is also recruiting IT professionals, welders and shipfitters.
These jobs pay substantially more than barista jobs popular during the Obama administration.
Companies in the Atlanta area are planning to hire hundreds of workers.
About 500 new jobs are coming to the metro Atlanta area this year.
…Atlanta Rotomolding will be helping to launch Yeti coolers in the U.S. They are looking to fill 350 positions, mostly manufacturing positions, in DeKalb County. To apply go to atlantarotomolding.net/career-opportunity.
And one Texas manufacturer is on a hiring spree:
ACS Manufacturing in Denison has already hired 20 new employees just this past week, and they plan to hire 60 to 80 more.
…”Business is booming and we now have 340 employees. That has almost tripled in the last 24 months,” ACS Manufacturing HR Director Andrea Mory said. “With rolling layoffs at Caterpillar, we’ve taken on quite a few people from the Caterpillar family.”
Between the freeze on regulations and the willingness to work with the nation’s employers, Americans see that the country is open for business again.
A recent poll by Bloomberg indicates a level of economic optimism that hasn’t been enjoyed since President Reagan.
The largest share of Americans in decades believes the labor market still has room to grow. Thirty-five percent of U.S. consumers surveyed by the University of Michigan this month expect unemployment to further decline during the year ahead, the largest share of respondents since March 1984 — a time when unemployment was a full three percentage points higher than the current rate of 4.8 percent.
There appears only one sector that seems poised for job loss: The American press corps (or, should that be “corpse”?).