Saturday, December 7, 2019

What do 266,000 jobs really mean?



Voters need to learn how to read between the lines 
in order to make your correct decisions
 in today’s crooked world!

Our Unions get the credit for the rise in jobs!

Allow me to explain?

Farmers (Middle of the country republican states), are still suffering from a trump hic cup!

Higher salary jobs here hiring not worker jobs or Farmers!

Health care (Insurance companies), 
Leisure and hospitality (The leisure and hospitality industry sector includes a broad category of fields within the service industry such as lodging, food services, event planning, theme parks, transportation and other tourism oriented products),

Professional and business services (A professional service is an intangible product that a contractor or product vendor sells to help a customer manage a specific part of their business. 
Because professional service providers have specialized knowledge about niche areas of interest, such as law, marketing or accounting, they allow the customer to focus on core business concerns).

The Union at General Motors accepted the long waited contract!

(Motor Vehicle parts companies were able to start production again)!
(General Motors customers were encouraged to start buying vehicles)!

Retail companies still not hiring for the holidays!
18,000 job loss in the clothing industry!
So

In spite of those trump hic cups; 
the Unions get the credit for jobs to the workers in this country, not the trump!

Non farm payrolls surged by 266,000 in November, better than the 187,000 expected by economists polled by Dow Jones.

The unemployment rate ticked down to 3.5% from 3.6%, back to the 2019 low and matching the lowest jobless rate since 1969.

The end of the GM strike had a big effect, boosting employment in motor vehicles and parts by 41,300, part of an overall 54,000 gain in manufacturing.

Average hourly earnings rose by 3.1% from a year ago, slightly above the 3% expected by economists polled by Dow Jones.

The news was not all good. As the holiday shopping season accelerated, retail companies added just 2,000 net hires as gains in general merchandise of 22,000 and motor vehicle and parts dealers of 8,000 were offset by an 18,000 loss in clothing and clothing accessories.

Read this chart and weep!

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