Alliance for American Manufacturing says Obama’s manufacturing job goal won’t be met

Manufacturing jobs lost ground last month in a disappointing jobs report that only added 38,000 overall to the U.S. economy.

The exact deficit for the manufacturing sector was more than 10,000 jobs, which further jeopardized President Barack Obama’s plan to add 1 million manufacturing jobs to the economy by the time he leaves office.

According to the #AAMeter from the Alliance for American Manufacturing (AAM), the President is approximately 675,000 jobs away from his target, which means the U.S. would have to add an average of more than 96,400 manufacturing jobs alone in the next seven months.

After April’s report, the manufacturing sector was sitting at 337,000 jobs created, which meant going into the current report, the U.S. would have needed 82,875 jobs per month from May through December. To put just how improbable achieving this goal is in perspective, through the first five months of 2016, there has been a net loss of 15,000, or 3,000 jobs per month.

The AAM blames “China’s massive industrial overcapacity and our growing trade deficit” for the figures along with “a flood of unfairly-priced steel, aluminum, paper, tires and countless other products,” the organization said in a press release.