November Jobs Disappoint

November Jobs Disappoint

The lede:  This morning’s employment report for November showed a 155K increase in total nonfarm payrolls, which was worse than forecasts. The unemployment rate remained at 3.7%. The Investing.com consensus was for 200K new jobs and the unemployment rate to...
U.S Manufacturing Is On Fire

U.S Manufacturing Is On Fire

The latest ADP report shows 219,000 new jobs were added in July(185,000 expected).  Over the last 19 months: 836,000 new manufacturing jobs vs. prior 19 months only 26,000. We were told these jobs were never coming back:  Clueless. Rollbacks matter. Hat tip Charles...