New Study Estimates Inflation Reduction Act May Create Over 200,000 Jobs Over Next Decade in Pennsylvania
New data commissioned by the BlueGreen Alliance released today revealed the Inflation Reduction Act may create more than 200,000 jobs over the next 10 years in Pennsylvania. 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.
“This analysis shows the massive potential of the Inflation Reduction Act to increase industrial manufacturing jobs across Pennsylvania,” said Angela Ferritto, President of the PA AFL-CIO. “Revitalizing domestic manufacturing means good paying jobs and a strengthening of the middle class at a time when our economy needs it most. Pennsylvania is expected to receive $4.8 billion in manufacturing investments—by working together we can make sure it grows our state’s job market in a way that lifts our economy in a meaningful way.”
“The climate crisis is a concern for us all, but has the largest impact on our disadvantaged communities,” said Katie Blume, the Political & Legislative Director for Conservation Voters of PA. “Pennsylvania stands to receive $415 million for environmental justice and community resilience programs to ensure the communities who need the most intervention don’t get left behind. Conservation Voters of PA looks forward to working with our partners to create more good paying jobs and equitable climate justice.”
The report finds that the Inflation Reduction Act includes:
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122,541 jobs in Pennsylvania from investments in clean energy;
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16,830 jobs from investments in clean transportation;
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31,656 jobs from programs to improve building infrastructure;
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12,821 jobs from lands and agriculture program investments;
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3,188 jobs from investments in environmental justice, methane reduction, and community resilience; and
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25,363 jobs from investments in clean manufacturing.
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 Pennsylvania,” said BlueGreen Alliance Appalachian Regional Field Organizer Dan Taylor. “This is proof that Pennsylvania 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 Pennsylvanians 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 legislation that explores the goals, timelines, and implementation mechanisms for each policy area.
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