Continuous supply chain disruptions which started during the pandemic and have been intensified by the war in Ukraine—and an ongoing economic decoupling of the US and China—have generated a flood of manufacturing jobs reshoring to the US.
Reshoring is on track to create more manufacturing jobs in the US than foreign direct investment for the third year in a row in 2022. The wave of manufacturing jobs from reshoring is projected to crest at 400,000 jobs by the end of the year, a 35% increase of 2021's total of 261K.
Unfortunately for the US, the labor shortage that is afflicting the nation from coast to coast is putting a ceiling on the number of overseas manufacturing jobs we have the capacity to absorb.
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