November Jobs: No Blowout, No How

Here we go again with another “blowout” Jobs Friday report that wasn’t remotely all that. Yes, the November  headline print of 266,000 included 86,000 mostly lower paying jobs in health and education, which are mostly funded by the public fisc—plus 45,000 very low-paying jobs in bars, restaurants and hotels and 54,000 jobs in manufacturing that were actually GM strike rebound jobs and were up […]
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