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ADP employment report was released from the United States yesterday and the report showed that the U.S. manufacturing revival is continuing under President Trump and the sector is adding jobs at a faster pace in more than a decade.
Since the inauguration of President Trump, the U.S. economy added manufacturing jobs every month, which is the longest net hiring stretch in the history of ADP’s employment report. Since January 2017, the U.S. economy added 314,000 jobs in the manufacturing sector and with President Trump working on the trade agreements, more jobs are likely to follow.
The biggest risk to the global economy remains the jobs, which will be lost in economies outside the United States, thanks to this manufacturing revival.
