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The following is a statement by John Mitchell, IPC President and CEO, on this week’s U.S. employment numbers and the Biden Administration’s American Rescue Plan.
“All signs indicate 2021 should be a year of recovery. The jobs report indicates that as the vaccine gains momentum and the economy normalizes, the U.S. will add jobs at a healthy clip. The electronics industry is a bright spot in the data, poised to increase jobs over pre-pandemic levels, outpacing the rest of the economy and driving overall growth. IPC urges Congress to come together on both short-term stimulus and long-term, strategic investment plans to ensure a lasting, broad-based recovery.”
IPC’s latest Economic Outlook Report details current data and trends in economic growth, employment and end markets for electronics manufacturers.