In Akron, Ohio — once the tire capital of the world — the collapse of the rubber industry offers a stark preview of what AI-driven job losses could mean for government tax revenue.
Production, new orders, imports and exports all increased, according to the latest Purchasing Managers Report from ISM. But according to the Labor Department, the economy has shed 66,000 manufacturing jobs over the past year.
Friday’s jobs report will almost certainly show a year-over-year decline in employment in the manufacturing sector, which lost more than 90,000 jobs in 2025.
American manufacturers have a workforce problem: finding people who want this work and have the right skills. One fix? Getting teenagers interested in factory jobs.