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.
IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its nearly 3,000 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry.