Posted on 04/02/2016 4:00:51 PM PDT by Olog-hai
The United States lost 29,000 manufacturing jobs in March while gaining jobs in retail trade, food services and drinking establishments, according to data released today by the Bureau of Labor Statistics.
During the month, jobs in the retail industry in the United States outnumbered jobs in manufacturing by 3,651,100.
In February, according to seasonally adjusted data released today by the Bureau of Labor Statistics, employment in the manufacturing sector was 12,320,000. In March, that dropped to 12,291,000. …
(Excerpt) Read more at cnsnews.com ...
So we have a recovery that’s creating jobs but still losing the middle class.
Lose your good paying with benefits full time oil patch job and get a part time bar tending job will do that
And I bet the majority of jobs gained were part time.
Obama says the economy is doing fine. He’s happy unemployment is below 5%, per the altered doctored unemployment numbers they report nowadays.
All moving FORWARD according to plan.
Vote Trump and Stop the madness.
This headline explains exactly why that minimum wage increase is being pushed: out overlords know with limitless braceros from south of the border and limitless white-collar workers in Asia, their only use for American worker bees is to serve them...literally.
The only people I know who still shop, eat out, and drink like it is the 1980s are people with no children (and often, therefore, no mortgage); many Americans are making the same choice that killed Europe - and we’re reaping the exact same fate.
Everbody needs to save as much as they can. It’s going to be bad when the dollar collapses. Yes, they have been saying this for awhile but the central banking phd idiots are about out of ammo. This whole economy is a debt and spending fraud.
See # 7; our only hope for a return to US exceptionalism is a prolonged war between Red China and India, where Mexico sides with Red China and the Philippines side with India...
We’re slowly laying off manufacturing people but it’s through attrition and retirement.
A lot of what’s made is being automated slowly.
Exactly the wrong thing that should be happening. Manufacturing creates wealth. Service industries do not. This is bad, not good.
Making the manufacturing sector more healthy by reducing the suffocating regulations and restrictions combined with lowering the corporate income taxes could make them competitive internationally. It might even encourage more domestic raw materials production. Tariffs would make things worse by awarding inefficiency and ballooning raw materials costs.
According to the BLS A9 table, multiple job holders increased by 127,000.
How do services not create wealth? Are you suggesting that an architect does not create wealth? How about an opthalmologist?
The left wants the USA micromanaged to death, though. There must be no opposition to world revolution, from their POV.
Retail?
Walmart jobs will pay for food and gas money. For normal things such as insurance, mortgages, raising families, investments, having babies, and car payments etc, you’ll need several more full time retail jobs.
Looking sharp America.
Architect? Ophthalmologist?
Those are professional level jobs rudy. Not service industry jobs, like retail, fast food, hotels etc. Are physicians also in service industry realm too? How about cops? lol
Too funny.
It is funny. FReeper economists telling me that, at $14/hr. in my manufacturing job, I’m creating wealth, but at $250/hr., my brother is not.
I’d like to know how many of the drinking places are pub/microbrew combos. Even around Podunk Illinois where I live we’ve had several spring up. One has the best blue cheese bacon burger I’ve ever had and an IPA to die for. That’s my kind of economic recovery!
And Odungacare related jobs
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