JMHO Loc: Utah

The United States lost 29,000 manufacturing jobs in March while gaining jobs in retail trade, food services and drinking establishments, according to data released today by the Bureau of Labor Statistics.

During the month, jobs in the retail industry in the United States outnumbered jobs in manufacturing by 3,651,100.

In February, according to seasonally adjusted data released today by the Bureau of Labor Statistics, employment in the manufacturing sector was 12,320,000. In March, that dropped to 12,291,000.

“Employment in manufacturing declined by 29,000 in March,” said the BLS’ monthly release on the national employment situation. “Most of the job losses occurred in durable goods industries (-24,000), including machinery (-7,000), primary metals (-3,000) and semiconductors and electronic components (-3,000).”

Meanwhile, according to the BLS’s seasonally adjusted numbers, employment in retail trade climbed from 15,894,400 in February to 15,942,100 in March—an increase of 47,700.

Employment in food services and drinking places climbed from 11,282,800 in February to 11,307,600 in March—and increase of 24,800.

The number of manufacturing jobs in the United States, according to the BLS’s seasonally adjusted historical numbers, peaked in June 1979 at 19,553,000. Since then, manufacturing jobs in the United States have dropped by 7,262,000 (to the 12,291,000 reported for this March).

In June 1979, when manufacturing jobs were at their peak of 19,553,000, there were 10,165,100 jobs in retail trade in the United States. At that point, manufacturing jobs outnumbered retail jobs in America by 9,387,900.

The 15,942,100 retail jobs in the United States this March outnumbered the 12,291,000 manufacturing jobs by 3,651,100.

According to the BLS’s seasonally adjusted numbers, employment in the retail trade industry in the United States first overtook employment in manufacturing in December 2002. In November 2002, there were 14,992,000 manufacturing jobs in the United States and 14,970,400 jobs in retail. In December 2002, the manufacturing jobs dropped to 14,912,000 and the retail jobs increased to 14,979,800.

http://cnsnews.com/news/article/terence-p-jeffrey/us-lost-29000-manufacturing-jobs-march-gained-retail-food-services

Raylan Wolfe Loc: earth

The same report shows exactly how the jobs have improved since Obama took office and that the unemployment rate is at 5.O%

Notice the chart below provided by provided by the BLS showing how badly the last Republican president performed on jobs!

http://www.calculatedriskblog.com/2016/04/march-employment-report-215000-jobs-50.html

JMHO Loc: Utah

You don't understand BLS numbers, do you? The U3 number is 5%, but that is not an accurate picture of unemployment. The U6 number, which is far more accurate is closer to 10%. Yeah, the jobs numbers have increased, but dismally so. This is the worst recession recovery since WWII, and most of the new jobs are low wage and part time jobs. Go back to school and take some economic courses.

Raylan Wolfe Loc: earth

Wrong again!!!!!!!!!!!

Fact: The Latest economic data released today shows that Obama continues to smash records by presiding over a 73 month of private sector job growth!

http://www.politicususa.com/2016/04/01/can-obama-presides-73rd-month-private-sector-job-growth.html

And the low wage and full time jobs is nothing more than right wing propaganda!

http://www.politicususa.com/2014/07/14/obamas.html

The facts displayed in the chart below shows exactly how r****ded AHO is!

Coos Bay Tom Loc: coos bay oregon

Very simple to understand. We exported our manufacturing and we are selling the goods other countries send back. End all trade agreements that are not equitable and this will turn around.


;-)

JMHO Loc: Utah

No, moron, you're wrong! Again! This is an economy teetering on a recession, wages are stagnant, GDP is at a dismal 1.5-2% annually, 93.4 million Americans are out of the work force, a record 47 million Americans are on SNAP, over 50% of Americans are on the government dole, and this recovery is the longest and slowest since WWII. Then top that off with a $19T national debt...$9T added by Obama, and he is not done yet! For the past three fiscal years, the treasury coffers have brought in record amount of tax dollars, and we're still close to a half trillion annual deficit! 71% of the national budget is comprised of entitlements and interest on the national debt, and we haven't even got to the full brunt of Obamacare costs, it was back loaded and the full brunt will hit in 2017 and 2018.

No, moron, you can show all the skewed left-wing charts and bulls**t articles you want, pal, but they're just that...bulls**t. Your colossal ignorance of economics is glaring.

If the job market is doing so well, why is it number one concern by the irate v**ers in this e******n primary season? Eh?

JMHO Loc: Utah

And, the economy will go into recession as consumer prices and number of lost jobs goes through the roof.

reconreb Loc: America / Inglis Fla.

Ya can't reason with Wolfy , If you say the sun is hot he would swear and produce a chart to disagree .. its just the nature of the beast :roll: :roll: :roll:

JMHO Loc: Utah

Yeah, sadly, I know...most left wingers don't have a clue about economics. And, like most left wingers, Wolfy cherry picks his articles, the ones that tell him what he wants to hear, not necessarily the facts.

permafrost Loc: Minnesota

JMHO,

Of those 94 million you worry about.....

About 41 million are retired...

Another 15 million are in school/training....

About 20 million are caring for family or are ill/injured....

The increase in those not in the labor force has been increasing since the 1990s. This is mostly due to the baby boomers moving thru the life cycle..

To be sure, mysteries remain. There are 2.6 million who want a job but aren’t looking. This population, in particular, is critical to better understand. Among people staying home to care for families, many may choose to work if the U.S. had different child-care policies or more family-friendly workplaces. And there’s reason to believe some people don’t give very good answers to the questions (400,000 millennials claim to be retired, according to this data, but it seems pretty unlikely that this many people have cashed out of a startup and are living at the beach).

None of this is to say that the American economy is unbelievably great or unusually rosy. By almost any conventional labor market measurement the economy has yet to recover from a recession that started almost eight years ago. But the notion that 92 million Americans are unaccounted for, that there’s a conspiracy in these statistics, or that we have no idea what 20 million prime-age Americans are up to, just isn’t right.

A good WSJ can be read if you follow the link below....

http://blogs.wsj.com/economics/2015/10/21/what-we-know-about-the-92-million-americans-who-arent-in-the-labor-force/

JMHO Loc: Utah

So, you think that with 93.4 million Americans out of the workforce, regardless of your number breakdown, is good for the country? Many of those are retired, no doubt, but many were forced to retire, because of the economy, and many at an earlier age. Many went on SSI at an early age because they couldn't find a job. Government entitlements has kept many Americans out of the workforce...why take a low wage job and lose all those benefits?

Like I said before, if the employment is so good, and the economy is really taking off, why is "jobs" the main concern of the record amount of people v****g for people like Trump in this e******n cycle? And, why is it that 1 in 3 of Americans reaching retirement age have no retirement savings...a record? And, and why are Americans once again taking on record amounts of personnel debt?

You know, the WSJ used to be a good source of info many years ago...I used to subscribe to it and read it daily back when I was in management, and when I owned my own company. But, over the years, it has gone left wing and I no longer take anything they print for gospel.

Coos Bay Tom Loc: coos bay oregon

You always say that but I want to pay more for real AMERICAN MADE goods. I want real Leather boots real denium jeans and other stuff that does not immediately wear out. Cheap imports need to be bought over and over. American stuff lasts. That is real economy. Not only that we were doing just fine before Nixon decided to open up Red China. Now look at the jobs they stole and the junk they send us to be sold at the huge discount stores that closed down the REAL department stores where a citizen could by quality clothes that fit and were made to last. Try to find American made stuff. It is not that readily available. Our jobs were exported and that is what hurts our manufacturing economy and screws us the consumer.

:idea:

JMHO Loc: Utah

Pleeeeeeease...take some economic courses!

Coos Bay Tom Loc: coos bay oregon

I see foreign economics at work every day here in Coos Bay. There were 200 operating sawmills in Coos Bay in 1980. Now there are 3 The log yards are full but the logs are for export. Our biggest export is our young people who can't live here. The young that stay here are mostly unemployed and have given up. Before exports every body had a job. I did not have to go to school to see that. Now it is the World economy and the local economy is flattened like a possum

JMHO Loc: Utah

But, all the lefties here on OPP say the economy is doing great! Obama has saved us! But, what you're saying that isn't true? Hmmmmm...must be a disconnect here. Maybe it is because of all the government regulations and environmental regulations that has stymied job growth in your area? If most of the lumber is slated for exports, then maybe the demand for the same is low here in this country? That maybe our labor costs are too high to create a demand for more lumber for building? Or, the consumers don't have enough disposable income to purchase that lumber, or homes built from it? Maybe?