The "news" you hear about "less jobs" is.........less than half-truth. That's because The News is fixated on obtaining a Democrat House and Senate in November.
Truth be damned!!!
Here's the real story:
Total payrolls at nonfarm employers fell by 23,000 jobs in July from June, as local government jobs plunged by 57,000, the biggest month-to-month drop of local government jobs in years.
But private sector payrolls rose by 30,000 jobs in July from June, same increase as in the prior month, to 135.59 million, according to the Bureau of Labor Statistics today (blue columns).
The six-month average job gain, which irons out the month-to-month squiggles, dipped to 54,000 (red line).
And where would those gains be coming from?
...All other major private-sector categories gained jobs, including the two categories where many of the tech companies are (Information and Professional and Business Services):
- Construction (+22,000);
- Manufacturing (+5,000);
- Information (+11,000);
- Professional and business services (+18,000);
- Healthcare (+22,000);
- Wholesale trade (+5.000);
- Transportation & warehousing (+10,000);...
The first four--in red--are high-paying jobs. The fifth is a mix: some high, some low.
TRUMP-O-NOMICS is working.
5 comments:
You realize that MANY of those jobs are due to datasets build outs across the country. AI is driving the economy right now.
Little due to Trump policies.
**data center build outs
Dad, stop blowing pixie dust at us.
The data says that we have lost jobs
NOT gained Jobs
https://market-ticker.org/akcs-www?post=255848
……With the GOP in power in Washington now they will likely get the blame should that screwing intensify. This much is certain: The GOP has certainly not delivered lower prices for anything, and Trump and the rest of Congress ***mouth nonsense about "affordability" and "jobs" while the data says that Americans have lost jobs, foreign-born and offshoring have gained, prices are not going downward and the GOP's answer to all of these challenges is to blow more money via deficit spending which makes prices go higher……..
Trump has betrayed us to the Israel lobby
I mean, nobody and nobody wants this war
And nobody can talk sense into him
Have you looked at the board of directors of Kroger‘s?
Have you looked at the Board of Directors of FedEx?
globalism sucks
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