CPA Encourages Members to Pursue New Federal Loan Program for Domestic Manufacturers

In response to the ongoing impact of the COVID-19 pandemic, the Defense Department (DOD) and the U.S. International Development Finance Corporation (DFC) have launched a program to provide federal loans for domestic U.S. industry. The initiative will make available $100 million from COVID-19 relief funds to help reshore critical domestic manufacturing capacity. The funds being…

USMCA To Enter Into Force July 1 After United States Takes Final Procedural Steps For Implementation

Editor’s note: Despite multinationals saying USMCA entry into force should be delayed, USTR says it will happen on July 1.  Washington, DC – U.S. Trade Representative Robert Lighthizer today notified Congress that Canada and Mexico have taken measures necessary to comply with their commitments under the United States–Mexico–Canada Agreement (USMCA), and that the Agreement will…

Press Release \ Latest Employment Report Shows Continued Decline in U.S. Jobs Quality

JQI Index declines 0.20 percent in March  Washington. The monthly U.S. Jobs Quality Index(JQI) issued by the Coalition for a Prosperous America (CPA) and its partners dropped slightly to 79.27in March, down by 0.20 percent from its revised level one month earlier.  The JQ-Instant™ preliminary read of the 713,000 decrease in all private sector, non-farm payrolls in March…

Press Release \ Job Quality Instant Report: Job Creation and Job Quality are up in November

Job Quality Instant Report: Job Creation and Job Quality are up in November Total non-farm payroll employment rose by 266,000 jobs in November, substantially above the median market expectation of 185,000. Within the private sector, goods-producing employment (mining and logging, construction, and manufacturing) increased by 48,000 jobs, while the service-providing sector created 206,000 new jobs.…