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Trump's Job Boom Claim Faces Reality of Manufacturing Losses

2/26/2026

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Story summary
  • U.S. President Donald Trump claims rising construction jobs signal a manufacturing job boom.
  • Moody’s Analytics chief economist Mark Zandi notes that construction jobs from data centers will not offset losses in the housing sector.
  • The Center for American Progress reports that over 100,000 manufacturing jobs were lost in the past year.
  • Critics say tariffs cannot replace the income tax because American families bear the cost.