Nonfarm employment.......+ 92,000
Goods-producing .... -60,000
Construction..... -26,000
Manufacturing........ -39,000
Service-providing..... + 152,000
Retail trade.... -3,000
Professional and business services....+ 43,000
Education and health services.....+ 28,000
Leisure and hospitality....+ 35,000
Government....+ 34,000
I find it utterly absurd that Goverment, Leisure, Health Care and Temps are leading the US economy at this point in the cycle...
But, the notion that REAL JOBS LIKE in manufactuing, construction, and retail continue to plunge....literally off the cliff is truly very scary!!
Or simply put do the blue numbers look real to you...? How can leisure be so strong but retailing so weak...are the rich still vacationing...just not shopping!!
HOW CAN SOME SECTORS BE SO STRONG AND THE REAL SECTORS SO WEAK...?
