Where The Jobs Were In February

Working (or looking for a job) in the wrong industry? Find out with the chart below, which shows where the job additions (and lack thereof) were in the month of February.

Source: B(L)S

Comments

[idea_hamster]

Are prostitution and cocaine in "Professional Services" or "Leisure and Hospitality"?

Or maybe they're in with "Finance" these days?

[ACP]

Isn't it "Financial Activities?"

[MillionDollarBonus_]

Now that stock investors are sitting on some sweet profits, many are facing some tough questions:

1. Should I take profits or are the markets going higher?
2. Should I hedge my position?
3. If I take profits, where should I invest next?

Here are some answers of my own, that I hope are helpful. First of all, my advice is to stay invested. The four-year chart of the S&P is one of the strongest charts I have ever seen - the technicals are all screaming buy. As for heading, I would suggest diversifying into US treasuries as a safety play. If stocks sell off, the treasuries will serve as a superb hedge.

[azzhatter]

You should sell all your holdings and put everything into Faceplant

[hedgeless_horseman]

You could take your nominal profits and blow it all in Vegas, they need the money...

Las Vegas strip casino gambling revenue fell 18.7% in January

Put some liquidity into a diversified portfolio, try to avoid fat-tail risk.

[YBNguy]

Anyone else junk MDB out of habit, without reading his always bolded attention whoring response?

[Spastica Rex]

Harley riders aren't the only fags.

[I am more equal...]

Any guy who decks out his hog and rides around in nice shiney leathers with pressed jeans and a pot belly is a fag.  Easy Rider was a bad movie (watch it again and you'll wonder what the f...). These old rebels without a clue are living out some fantasy life believing they are Fonda or Nicholson.  Can't wait for another 30-year to pass and see these same type of assholes getting ol-school getto wearing their sansbells under their butts chillin and looking stupid. Word! Vanilla Ice baby.

[Shocker]

That chart, definately shows a weird picture.

There has been cuts in every sector, and Business sevrices had the biggest increase??

Then construction? we are only in March, Feb construction is normally semi slow.

Repost:Full Layoff List

http://www.dailyjobcuts.com

[Raymond Reason]

White collar and construction?  Is the data seasonally adjusted?

[Popo]

Isn't it "Mining and Logging"?  What kind of category is "Mining and Lodging"?   Is that like, roadside Motels for miners?

And if they can make glaring mistakes here, where else have they made glaring mistakes?

[boogerbently]

So it was all H&R Block?

[Shocker]

Well, chart is interesting

.

[kaiserhoff]

Must be in thousands, or is this a Maxine Waters kinda thang?

[hapless]

Huh?

[asteroids]

No, MDB is hilariously funny. It's pure sarcasim. Read him/her as an intellectual exercise. Sometimes he/she get's it wrong but no one is perfect.

[donsluck]

And yet, if you followed his advice (generally) in the last 3 years, you would of done well. I don't think even he knows how right on he was.

[Shell Game]

Well, MDB has only been around a year and half or so and - not sure if you've caught this by now - but not many mindless followerers in this crowd.  Some, but not many...  Seeking Alpha is great if you want to go do some following...

[Lewshine]

I find it hilarious how Ben's mainstream media uses economic fundamentals (job report) to explain a constant upside that everyone on the planet knows is perpetuated by Ben's liquidity, that has proven itself over the last four years to have absolutely nothing to do with the economic fundamentals. In other words, we are up today 5 spy points because 240K jobs were supposedly created? But we are up 110% in four years because we have an unemployment rate of 8.00%. You have to be a moron to be in this travesty. BTW, the person, fund or company that fearlessly rode this confusion to the point of the current parabol, couldn't possibly HAVE THE NATURE to get out IN TIME with their shirt when this thing breaks.

[Svendblaaskaeg]

Nope, I always try to keep the rating balanced

[NotApplicable]

I don't think you understand how trolls work.

MDB thanks you for your participation.

_{FOR TEH LULZ}

[Spastica Rex]

A troll's job is to entertain; he/she/it is boring.

I also don't think Nicki Minaj is entertaining, but that's just me.

There's no accounting for taste.

[AGuy]

"You could take your nominal profits and blow it all in Vegas"

We are all Vegas gamblers in the era of the Bernanke Put. Bonds, Stocks, real estate, cash, etc they are all a gamble as the Fed makes all investments "high risk".

[hedgeless_horseman]

Investments?  I was speaking more of blowing his money on out-of-vestments.

If MDB needs to go short, as I suspect, he might find a little head-and-shoulders as an entry point; small-time players should avoid long straddles.

[Unprepared]

I would like to put some liquidity where that racially diversified portfolio is and go fully long naked.

However, I heard they prefer their risk fat-tailed, if you know what I mean.

Tough choice.

[francis_sawyer]

notice how you never see MDB & Lazlo Birinyi in the same room together?

~~~

Strange

[JPM Hater001]

I haven't seen ratso in a while...

[francis_sawyer]

Back to the chart... I'm wondering where the BAR is on that showing how many went "Galt"...

[Raymond Reason]

The odd thing is, construction has always been somewhat "galt" as far as statistics.  I worked as a carpenter in my youth, and we usually had the option of payroll or cash (same rate).  Makes the chart even more surprising. 

[Imminent Crucible]

Come to think of it, I've never seen MDB and TurboTax Geithner in the same room together.

[Never One Roach]

sorry, azz, all my money is tied up in MFGlobal.

[dick cheneys ghost]

Short the 'Truth'

Go long the 'Lies'

[Dumpster Fire]

I have a GE profile french door double bottom freezer that works intermittiently.

Should I replace the mainboard with the the WR55X10956 assembly?

[Yes_Questions]

I almost pee'd myself. Thanks for that!! +++

[ratpack1968]

No, replace that G-hetto E-quipment fridge with a SubZero.  Also, you may want to keep a fire extinguisher handy if you have a GE dishwasher - the heating element spontaneously combusts - we're on our 4th recalled unit.   

[Kayman]

And in what country does GE manufacture their fridges and Blow-Out-Preventer Bolts ? Just asking...

[AGuy]

"if you have a GE dishwasher - the heating element spontaneously combusts"

GE; "We bring great risk to your life!"

[Common_Cents22]

my amana fridge compressor fried after a few yrs, bought a samsung.   my 25yr old sears fridge still going strong keeping brew cold in the mancave.

[Bananamerican]

"Commander Chun! Have your cadres finished making modifications to the exploding dishwasher??....Most excellent!"

[DosZap]

No, replace that G-hetto E-quipment fridge with a SubZero.  Also, you may want to keep a fire extinguisher handy if you have a GE dishwasher - the heating element spontaneously combusts - we're on our 4th recalled unit. 

BUY GE, and your buying Chinese, also you are helping a company that got 2 Billion from the Gub(in one of the pump n dump pkgs) when it did not need a nickel and is a CLOSE suck buddy w/ObaMao.

The tards also are saying today that Americans need to pay MORE for healthcare..........where does GE get off telling Americans they need to pay MORE?.

Hell thay are lucky to afford any now.

Remember, GE brings good thng to Life!!!.

[whotookmyalias]

I saw Too Big to Fail, GE needed money to fund their day to day business operations.  And it was the government's fault they needed it.  Or something like that.

[glenlloyd]

Can't imagine the mainboard is cheap to replace...what's the likelihood that it'll go out again? ..after all it is a GE.

Cost of mainboard in install vs replacement of fridge.....

[Dumpster Fire]

$80 from amazon

[DosZap]

Here's EXCITING news!!!!!!!!!!!!!!

http://cnsnews.com/news/article/record-89304000-americans-not-labor-force-296000-fewer-employed-january

[whotookmyalias]

I've had the mainboard replaced on my Kenmore/Whirlpool Fridge.  Definitely cheaper than a whole new appliance.

[ThorsteinVeblen]

Remove the liquor bottles from the bottom freezer.

Remove the inside back panel.

Remove any ice build up manually with the help of a blower dryer.

The cold air passage may be frozen solid with ice (the warm air is extracted from the freezer first and cold air is metered to the fridge). I have to do this every two years or so. Sometimes it is this simple fix for the bottom freezer type when the fridge/freezer fails to cool properly.

[El Oregonian]

Once again, HAHAHAHA... you funny!

[LawsofPhysics]

At a cost of 1.9 million dollars per minute - "winning"  I wonder who will pay this all back?

[CrashisOptimistic]

Two points, LoP dood.

1) They don't really have to pay it back.  The Fed can let the bonds on their balance sheet reach maturity and then not ask Treasury to redeem them.

2) It's actually worse than not paying it back.  They can't even reduce their purchases.  It is THAT which is devastating.  They are at 0.1% GDP with those purchases.  What happens if they scale back?  Not pay back.  Not sell bonds.  Just slow the rate of purchase.

[LawsofPhysics]

Great, so things are much. much, worse.  Well, an ounce is an ounce, is an ounce.  Thank goodness for that.