Please note that out of the 248,000 new jobs, only 6909 were in construction, and 14,505 were in manufacturing. The rest were in "service industries".
To put it bluntly, less than 9% of these new jobs were in industries that actually produce anything tangible.
There were almost 50% more new government jobs created (21,547) than manufacturing jobs (14,505).
Maybe that's why the stock market reversed yesterday afternoon after Wall St. read the fine print?
Disregard the previous post (except for the link). I was reading the wrong column in the data.
But when you say that only X jobs were manufacturing, while all the rest were in industries that don't "actually produce anything tangible", you seem to indicate that non-manufacturing jobs are less important, lower paying, or less real than a manufacturing job.
Just is not so.