News

While the labor market is holding steady, it’s not a good time to be looking for a job—particularly if you’re young (The Wall Street Journal, subscription).

What’s going on: “Recent college and high school graduates are facing an employment crisis. The overall national unemployment rate remains around 4%, but for new college graduates looking for work, it is much higher: 6.6% over the past 12 months ending in May.”

• That’s the highest level for this age group in a decade, not counting the COVID-19 unemployment increase.
• By contrast, jobseekers aged 35 to 44 with bachelor’s degrees had a 2.2% unemployment rate over the past year.

What’s different now: “Young graduates typically face a higher unemployment rate than their counterparts who have been in the workforce longer, but the gap is growing wider between older workers and the young.”

Why it’s happening: There’s a general slowdown in hiring right now.

• While it hasn’t had much of an effect on people who already have jobs (because layoffs have stayed low), it has hit those with the least experience.
• “With employers turning more cautious on hires, they are less inclined to gamble on workers with thinner résumés or skill sets.”

Worse for high school grads: “High school graduates ages 18 to 19 with no college [experience] averaged an unemployment rate of 14.5% over the past 12 months. That is up from 13.3% over the prior 12-month period.”

Manufacturing’s offer: With 381,000 job openings today, and as many as 3.8 million new employees needed by 2033, the manufacturing industry has many opportunities both for new college graduates and those without a college degree.

• The Manufacturing Institute, the NAM’s 501(c)3 workforce development and education affiliate, is creating solutions for employers seeking workers with much-needed skills and offers programs and resources for students, veterans and other job seekers looking to enter the industry. Learn more here.

Thanks in large part to rising power demand for data centers, policymakers have become increasingly supportive of nuclear energy—resulting in more than 200 nuclear-related bills filed in state capitols so far in 2025 (E&E News).

What’s going on: One of the few methods of electricity generation to have bipartisan backing, nuclear “has quietly gained traction in statehouses from Phoenix to Austin to Indianapolis” with dozens of state bills already either signed into law or now awaiting signature by governors.

Why it’s happening: “Unlike in the past, when nuclear power was pitched as a carbon-free back[stop] for aging coal plants, the selling point today is focused squarely on rising power demand, especially for power-thirsty data centers.”

• Nuclear power emits no greenhouse gases and can be generated year-round and in all weather.
• But efforts to make it more widely used in the U.S. have stalled in recent years, owing mainly to project delays and higher-than-anticipated costs.

What’s new now: “Desperate to bring economic investment and jobs to their states and districts, state legislators of both parties are courting ‘hyperscale’ data centers operated by technology titans” such as Amazon. “And lawmakers are keenly aware that power availability is at the top of the list of requirements.”

Case study: In Indiana, legislators have prioritized measures to hasten nuclear development.

• Lawmakers have passed bills to attract small modular reactors, the next generation in nuclear power generation “considered by many leaders in the state as a fitting replacement for an aging coal fleet. And Republican Gov. Mike Braun and other state officials see potential for making Indiana a manufacturing hub for the next-generation reactors.”
• Large projects in the state—including an $11 billion Amazon endeavor in New Carlisle—require large amounts of power.
• One state utility, AEP’s Indiana Michigan Power, is seeking $50 million in federal grants with the Tennessee Valley Authority for an early site permit to build a 300-megawatt SMR at the site of a coal-fired power plant that’s set to retire in 2028.

Other states go nuclear: “Arizona, Arkansas, North Dakota, Utah and Virginia have all enacted measures into law to encourage nuclear power.”

• The hardest-hitting bills authorize funding or financial incentives, such as Texas’ measure for a $350 million nuclear fund.

Our take: “Nuclear power is a critical component of the all-of-the-above energy strategy that we need to meet the demands of the manufacturing industry in the 21st century and to make America truly energy dominant,” said NAM Director of Energy and Resources Policy Michael Davin.

Many major business groups, including the NAM, are calling on Congress to preserve funding and resources for ENERGY STAR, a federal program that promotes energy efficiency in consumer products (E&E News, subscription).

The request: “Clear legislative authorization backs ENERGY STAR as a voluntary public–private partnership run by the federal government,” more than 30 business groups told legislators.

• “We respectfully request that ENERGY STAR not be supplanted by nongovernmental efforts that could significantly alter and overly complicate the program.”

The background: Environmental Protection Agency Administrator Lee Zeldin has announced plans to restructure the agency, including by eliminating the Office of Atmospheric Protection, which manages the ENERGY STAR program.

• The ENERGY STAR program sets efficiency standards for a range of products and materials, including air conditioners and heat pumps, allowing them to display the program’s logo if they meet the criteria.

Why it matters: “Electricity saved by ENERGY STAR helps free up space on the grid needed so the U.S. can lead the world to power and grow artificial intelligence, support the burgeoning crypto asset industry and bring more manufacturing plants back to our shores,” the associations said.

The NAM’s take: “The ENERGY STAR program is a prime example of how federal agencies should be partnering with the industry to promote energy-efficient products that save money for consumers,” said NAM Director of Energy and Resources Policy Mike Davin.

• “Instead of imposing top-down regulations, ENERGY STAR brings together the public and private sectors on a voluntary basis to create a win–win–win outcome for consumers, the environment and the economy.”

With 2025 shaping up to be another challenging year for manufacturers, amid evolving workforce needs, rapid technological advancements and economic uncertainty, the Manufacturing Institute is offering much-needed help. The annual Workforce Summit put on by the NAM’s workforce development and education affiliate is a can’t-miss event where manufacturers can learn what works and how peers are addressing all these challenges.

What’s going on: This year’s summit, whose theme is “Manufacturing America’s Talent,” will be held Oct. 20–22 in Charlotte, North Carolina.

• Attendees will participate in sessions and interactive workshops that focus on topics like workforce preparation for AI deployment, expanding the military-to-manufacturing pipeline, closing the skills gap in hires with no factory experience, how to design optimal onboarding programs and much more.
• Sponsors include Dozuki, Grant Thornton, American Fidelity, TCP, Cornerstone OnDemand, MSSC and MyWorkChoice.

Why attend: At the Workforce Summit, manufacturers will be able to connect with subject-matter experts, community partners and education professionals to brainstorm and get answers about common challenges facing the sector.

• The vast majority—95%—of past attendees give the workshops four to five stars (out of five), according to the MI.

Who should attend: The Workforce Summit brings together the entire manufacturing talent chain and delivers fresh solutions for the industry’s most pressing workforce challenges. If you shape strategy, develop skills or build partnerships, this event is for you.

Register: Register for this year’s event here (but hurry—discounted early bird registration ends July 15). Contact [email protected] with any questions.

Read more: Read all about our two most recent Workforce Summits here and here.

As manufacturers call on policymakers to preserve tax reform by passing the tax bill, they’re reflecting on everything the 2017 Tax Cuts and Jobs Act made possible for the industry.

Back in 2017 and 2018, the NAM told manufacturers’ stories of hiring more workers and increasing wages, making new investments and buying new equipment, expanding facilities and strengthening R&D, in an influential series of articles called “Keeping Our Promises.” Today, the NAM released a report showing where those companies are now because of the TCJA—and how much they have grown and succeeded in the eight years since the landmark legislation.

Their stories: The report features many small manufacturers that found tax reform to be transformative, including Westminster Tool, Click Bond, Ketchie, Gentex, Winton Machine, Jamison Door Company and more.

• To take one example, Westminster Tool, a small Connecticut company that designs and creates plastic injection molds for the medical, aerospace and consumer products industries, was able to hire more than a dozen workers, growing its workforce by nearly 30%.
• Click Bond, a small manufacturer of aerospace and defense assembly solutions, was able to review its pay scales and increase both hourly and supervisory workers’ wages, which has helped it compete better in the labor market and keep pace with inflation.

The NAM says: “The evidence is clear: manufacturing had its best job creation in more than two decades, the strongest wage growth in 15 years and significant investment in capital equipment after the passage of the TCJA in 2017,” said NAM Executive Vice President Erin Streeter.

• “But several of these tax provisions have expired already—and the rest are scheduled to sunset at the end of this year—putting at risk 6 million American jobs, more than $500 billion in wages and benefits and more than $1 trillion in GDP.”

The bottom line: “Tax reform worked,” Streeter emphasized.

• “Congress faces a straightforward choice to make the TCJA’s manufacturing-empowering provisions permanent, or risk undermining the foundation of our economic competitiveness.”

NAM in the news: POLITICO Pro’s Morning Tax newsletter (subscription) covered the report this morning.

• Later, the White House’s rapid response account on X (formerly Twitter) promoted the report and the NAM’s tax policy priorities multiple times.

The Environmental Protection Agency’s announcement Wednesday that it plans to repeal the previous administration’s power plant regulations “is a critical and welcome step toward rebalanced regulations and American energy dominance,” NAM President and CEO Jay Timmons said yesterday.

What’s going on: EPA Administrator Lee Zeldin said at a Wednesday press conference that Biden-era limits on greenhouse gas emissions from gas- and coal-fired power plants “suffocate our economy in order to protect the environment” (CBS News).

• The rules the EPA is proposing to roll back mandated that existing coal-fired plants and new natural gas–fired plants reduce or capture 90% of their emissions by 2032, among other requirements.
• Finalized by the previous administration in 2024, the regulations also contained an unrealistic timeline for power plants to adopt new technologies, especially given the need for permitting reform, the NAM said in April 2024.

Why it’s important: The 2024 power plant rules are a threat to affordable baseload energy—which manufacturers require to do their jobs—and put grid security at risk, Timmons said.

• “Repealing this unbalanced rule will enhance manufacturers’ access to America’s abundant energy resources and ensure that the industry has the power it needs to drive the American economy.”

NAM in the news: The Washington Examiner cited the NAM’s response to the EPA decision, quoting Timmons’ statement.

The U.S. needs a strong, reliable and diverse health care supply chain, the NAM told the House Energy and Commerce Subcommittee on Health Wednesday ahead of a hearing.

What’s going on: National emergencies and natural disasters have proven the necessity of a diverse and resilient health care supply chain to ensure Americans have a stable supply of lifesaving medicines.

Why it’s important: “Global, resilient supply chains were essential during the pandemic and in the aftermath of Hurricane Helene to help fill gaps and minimize supply shortages or temporary disruptions,” NAM Managing Vice President of Policy Charles Crain said.

• Manufacturers are committed to onshoring pharmaceuticals manufacturing, he continued, adding that most medications taken by those in the U.S. are made in the country.
• However, some pharmaceutical ingredients cannot be sourced domestically, or cannot be obtained in sufficient quantities here, making “[i]mported inputs … vital to U.S. pharmaceutical production,” Crain continued.

Subcommittee’s take: Chairman Buddy Carter (R-GA) stressed the importance of the One Big Beautiful Bill Act, “which incentivizes domestic medical supply production,” as well as the elimination of “ burdensome regulatory barriers” in his opening statement.

• He also emphasized the need to “streamline processes that impede our competitiveness on the global stage and establish the proper incentives to ensure we are creating the environment to allow innovation to flourish.”

What’s next: The NAM encourages swift passage of the OBBBA by the Senate to support biopharmaceutical manufacturers.

• The NAM also recommends the House Energy and Commerce Committee mark up the Medical Supply Chain Resiliency Act, a bill that would “authorize the president to enter into trade agreements with allies and partners to remove barriers and duties with respect to medical goods, which would contribute to national security, public health and supply chain resiliency,” NAM Managing Vice President of Policy Charles Crain said.

The previous administration’s significant regulatory changes issued under the Clean Air Act—in particular, its unworkable tightening of allowable soot levels—will create hardship for local economies and must be revised, the NAM told the House Energy and Commerce Subcommittee on Environment ahead of a hearing today.

• Manufacturers that fail to meet the National Ambient Air Quality Standards will be unable to obtain permits to either construct new facilities or expand existing facilities, the NAM pointed out.

What’s going on: In 2024, the Environmental Protection Agency lowered the primary annual standard for fine particulate matter (PM2.5, or soot) from 12 micrograms per cubic meter to 9 μg/m3 .

• “By lowering the standard to 9 μg/m3, which is essentially the same as the background levels that naturally occur in the environment across the nation, the Biden EPA was increasing the number of industrial centers and U.S. population hubs that would be placed into nonattainment status,” NAM Managing Vice President of Policy Charles Crain said.
• In the past 25 years, thanks to manufacturer-developed technologies, U.S. air quality has seen a 37% reduction in PM2.5, Crain continued, adding that an EPA analysis found that less than 20% of PM2.5 emissions come from industrial processes or stationary fuel consumption. Most of it is from sources well outside manufacturers’ control, such as wildfires and crop and livestock dust.

Why it’s important: Enacting the Biden-era tightened standards would mean severe economic losses for the U.S., the NAM told the subcommittee.

• An NAM-commissioned Oxford Economics study found that a standard just slightly stricter than the one set by the Biden administration—8 μg/m3—“would result in a loss of $162.4 billion to $197.4 billion in economic activity and put 852,100 to 973,900 jobs at risk, both directly from manufacturing and indirectly from supply chain spending.”

What they’re doing: In today’s hearing, the House Energy and Commerce Committee discussed two draft pieces of legislation, both supported by the NAM, that would reform the process for establishing NAAQS, which the Clean Air Act mandates the EPA set. The measures include:

• The Clean Air and Economic Advancement Reform (CLEAR) Act, which would make the NAAQS process more workable for manufacturers while “maintaining the regulatory guardrails that protect the health and welfare of our local communities,” according to the NAM; and
• The Clean Air and Building Infrastructure Improvement Act, which “seeks to inject clearer guidance into the process for obtaining preconstruction permits and meeting compliance requirements under a revised NAAQS.”

Our take: “Manufacturers strongly support the Energy and Commerce Committee’s efforts to address policy challenges with the NAAQS and to explore solutions that will pave the way for greater investment in the infrastructure that will allow America to compete in the 21st century,” Crain concluded.

GE Appliances, a Haier company, has opened an advanced primary care clinic onsite at its Monogram Refrigeration LLC plant in Selmer, Tennessee, the company announced this week.

What it does: The third onsite clinic at a GE Appliances facility, the Selmer clinic will serve employees and covered family members who are at least 2 years old. It is offered in addition to traditional health care benefits, the company said, and it will be managed by third-party health care provider CareATC. The clinic’s services include:

• Advanced primary care;
• Mental health services;
• Access to a registered dietician; and
• Prescription services for common medications.

Impressive results: GE Appliances’ existing two clinics have shown impressive results in caring for employees, most notably a 35% increase in preventative care visits and a 70% reduction in avoidable ER visits among employees using the clinics.

• Employees average 4.82 visits per year—which is far more than the industry benchmark, according to GE Appliances.

GE Appliances says: “In today’s fast-paced world, providing accessible and comprehensive health care is more important than ever—especially in rural manufacturing communities,” said GE Appliances Chief Human Resources Officer Rocki Rockingham.

• “This clinic is more than a benefit; it’s a key part of our strategy to be an employer of choice and attract and retain the talent we need to operate and grow in a competitive labor market. Our employees deserve the best, and that includes health care that’s close to work, easy to access and focused on their whole well-being.”

The MI says: The Manufacturing Institute, the workforce development and education affiliate of the NAM, supports manufacturers in their efforts to offer high-quality benefits to workers, including medical care.

• “When manufacturers invest in the holistic well-being of their workforce, they’re doing more than offering benefits—they’re making a powerful statement that their people are their greatest asset,” said MI President and Executive Director Carolyn Lee.
• “These investments in people play a critical role in both attracting and retaining talent. At the MI, our research consistently shows that team members are more likely to stay—and thrive—when they believe their employer truly cares about them. It’s not just the right thing to do; it’s a smart strategy for attracting and retaining the skilled talent that drives our industry forward.”

Everyone’s talking about where artificial intelligence is taking us, but few are discussing the immense amount of energy that will be needed to get there. That’s where Lubrizol comes in.

Cool operator: The global specialty chemicals company, with headquarters in Ohio, has a unique method of cooling IT in data centers, those behemoth facilities that power generative AI. As anyone who’s used a computer for long periods of time knows, that equipment can get hot.

• To cool high-performance data centers’ graphics processing units—powerful accelerators that enable AI and other technologies and can generate huge amounts of heat—Lubrizol employs immersion cooling, a method of heat removal that uses liquid.
• “It’s like a blacksmith—when you try to remove heat from hot metal, you immerse it in cold water and the water removes the heat,” Lubrizol Vice President of Corporate Innovation Abhishek Shrivastava told us.
• But at Lubrizol, “we are immersing the computer chips in a formulated oil” instead of water. “These GPUs are working so hard with higher power consumption, they can actually melt if they get too hot. So, you need to remove the heat quickly and efficiently.”

Why we need it: Most current data centers use air cooling, but their increasing workloads and processing capacity—driven by the fast-growing appetite for AI—will require something more efficient, Shrivastava said.

• Meanwhile, next-generation processing units will maintain a thermal design power (i.e., heat) of more than three times today’s commonly used systems, according to Lubrizol.
• “AI is needed for the future—for economic development, for global leadership,” Shrivastava said. “It will come down to who can deploy it faster.”

The tech: Lubrizol believes its method of immersion cooling—which relies on nonconducting, dielectric fluids, or liquids that act as electrical insulators—is the key to winning that race.

• “As AI infrastructure is deployed [in the U.S.], there must be efficient cooling in place too,” Shrivastava continued. “It’s going to require a lot of infrastructure-level investment.”
• Up to 40% of data centers’ total annual energy consumption goes to their cooling systems, according to a recent study by the Electric Power Research Institute. Lubrizol’s technology greatly reduces that percentage for its customers.

Getting started: Lubrizol’s immersion cooling technology has been deployed at multiple data centers, and the company is working with its customers to scale up installations. “A lot of small players are using it, because if you’re small, your risk is low and deployment is fast, but there are some large-scale deployments across the world including in China and the U.S. that show the big players have identified the value,” Shrivastava said.

• Among the company’s next steps: getting the solution deployed at larger centers—though that will take some time. “Larger-scale operations need more data, more confidence in [new] technology,” Shrivastava noted.

Years, not decades: In the long term, however, the cost-benefit analysis is very favorable, said Shrivastava, even with infrastructure development outlay. And Shrivastava foresees widespread use of the technology.

• Awareness of the need for high-powered, efficient cooling is growing. “We’re not talking about a matter of decades” before it’s in wide use; “it’s a matter of years and months.”

The last word: “The industry needs to pick up the pace” on the data center cooling front, Shrivastava told the NAM. “Otherwise, we’re not going to realize the full potential of AI.”