Manufacturing Employment Hits All-Time Low. Will IRA Reverse the Trend?
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
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U.S. Steel Industry, Unions Urge Biden Administration to Correct Harmful Provision of Inflation Reduction Act Guidance
WASHINGTON — America’s largest domestic steel producers, the United Steelworkers, and organizations representing the industry and its workers today released a letter outlining serious concerns with the recent Domestic Content Bonus Credit Guidance (“Guidance”). The Guidance, published by the Department of the Treasury and the Internal Revenue Service (IRS), describes rules for implementing the domestic…
