New Study Estimates Inflation Reduction Act May Create 167,108 Jobs Over the Next Decade in Michigan
New data commissioned by the BlueGreen Alliance released today revealed the Inflation Reduction Act may create more than 167,000 jobs over the next 10 years in Michigan. Researchers at the University of Massachusetts Amherst Political Economy Research Institute (PERI) conducted the analysis of the recently passed legislation, quantifying the job creation from its historic investments.
“The investments in the Inflation Reduction Act will launch a new era of job creation in Michigan,” said Michigan AFL-CIO President Ron Bieber. “Michiganders are ready to go to work making the clean vehicles and clean energy technology of the future. Implemented right, with strong labor standards, these investments will create good, union jobs across the state and build a more prosperous, equitable future.”
“Reducing pollution in our air and water and taking action on climate change will ensure our kids have a healthy livable future and create good jobs for Michiganders,” said Bentley Johnson, Federal Government Affairs Director for the Michigan League of Conservation Voters. “Building on state level action, like the MI Healthy Climate Plan to make our state carbon neutral by 2050, the Inflation Reduction Act will help push Michigan to be a leader on manufacturing the clean cars and technologies of the future.”
The report finds that the Inflation Reduction Act includes:
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97,362 jobs in Michigan from investments in clean energy;
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21,962 jobs from investments in clean manufacturing;
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23,589 jobs from programs to improve building infrastructure;
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12,227 jobs from investments in clean transportation;
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9,632 jobs from lands and agriculture program investments; and
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2,336 jobs from investments in environmental justice and community resilience.
This report follows a previous study by PERI that estimated the law would create more than 9 million jobs nationwide in the coming decade.
“This summer, PERI released their first analysis showing the Inflation Reduction Act will create 9 million jobs in a decade across the nation, now we can better understand what these investments mean specifically for Michigan,” said BlueGreen Alliance Michigan Regional Program Manager, Frank Houston. “This is proof that Michigan can have both good-paying union jobs and a cleaner economy. We are excited to work with our state partners on implementing these investments so all Michiganders can capture the economic gains.”
To find out more about the investments in the law, see the BlueGreen Alliance’s recently announced User Guide to the Inflation Reduction Act—a reference guide for the numerous policies and programs included in the law that explores the goals, timelines, and implementation mechanisms for each policy area.
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