Tariffs are reshaping global trade, and the effects are already visible in the workforce.
From job losses in U.S. manufacturing to hiring freezes across Europe, tariff shifts are altering where and how companies employ people. This report captures the scale of change and the immediate impact on the industrial sector worldwide.
Inside the report:
- 42,000 U.S. manufacturing jobs lost since April 2025
- Automotive, electronics, and appliances hit hardest
- Vacancy rates falling across the eurozone
- U.S. reshoring faces a 2.1M job skills gap by 2030
Why it matters:
The impact of tariffs goes beyond trade flows. This report shows how the manufacturing industry is feeling the impact of tariffs and how this is affecting jobs in the industry.
