Posted on 06/04/2017 11:58:24 AM PDT by Lorianne
While on the surface, the payrolls report, the wage growth and the unemployment rate (which dropped for all the wrong reasons) were disappointing, a quick look inside the underlying data reveals even more troubling trends, such as that in addition to the number of employed workers dropping by 233K according to the household survey, the composition of these jobs raised even more red flags because in May the US lost 367,000 full time jobs offset by the gain of 133,000 part time jobs.
Putting this number in context, it was the biggest drop in full-time jobs going back to June 2014.
And in this context, we are happy to announce that while manufacturing jobs once again declined by 1,000, the waiter and bartender recovery continues to hum along, with 30,000 workers added in "food services and drinking places." ...
I think that none of these number make any sense at all.
Everywhere I go, I see “Help Wanted” and “Hiring” signs. A lot of people I work with have left to take better jobs with more pay and more benefits. Workers are thrilled. Employers are desperate.
Annnnnnnnnnnnd .... it’s the worst it’s been in three years.
What?
Move to Texas or other conservative states to profit from the regulatory changes and executive orders Trump can get done, on his own.
President Trump has frozen govenrment hiring so, naturally, the numbers would reflect that.
Trump better wake up to the fact that the people that ‘cooked’ the books to help Obama will ‘uncook’ the books to hurt him...
Search the keyword “jobs” here at FR and then tell me this article is accurate.
It doesn’t make sense. Just last month there was an article in USA Today explaining why the number of part-time workers who would prefer full-time jobs is at a 9 year low, because employers are creating enough full time jobs to meet demand. The labor market has tightened to that extent.
Hmm.
I just had breakfast with a small business owner in my town and he told me this is the first time in five years he is in the black.
Bears repeating
I wasn’t aware that Mexican deportees held that many full time jobs?
I opened my business the summer before Obama was elected. For the first time I am beginning to see daylight.
Tech employment is way doing, no opening at all.
I just had breakfast with a small business owner in my town and he told me this is the first time in five years he is in the black.
So true. If the MSM is in complete destroy Trump we all know the entrenched federal government bureaucrats are gonna do the same damn thing. There’s only so much Trump can do. He can’t clean that swamp by himself and Lord knows the GOP globalist cabal in DC ain’t gonna lend a hand in that effort!
Something smells about this post and it isn’t on the bottom of my shoe! How can unemployment be at a 16 year low all the media is trumpeting and still have this kind of news be valid?
Something smells about this post and it isn’t on the bottom of my shoe! How can unemployment be at a 16 year low all the media is trumpeting and still have this kind of news be valid? Fake news?
Something smells about this post and it isn’t on the bottom of my shoe! How can unemployment be at a 16 year low all the media is trumpeting and still have this kind of news be valid? Fake news?
They don’t count all the unemployed.
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