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Where The Jobs Were In January: Education, Health And Retail
As already observed, when it comes to tracking the job losses in the energy space, the BLS had some rather significant "seasonally-adjusted" or otherwise issues in January, reporting just 1.9K job losses in the oil and energy exploration space, when the reality was orders of magnitude higher. But while the Bureau of Labor Services may have failed to notice the collapse of the highest-paying US jobs (after Wall Street of course), it determined that over 250K jobs were created in other sectors. Where were they?
Below is a detailed breakdown of all the January job additions (and losses) by sector, with the following notable highlights:
- Education and Health: +46K
- Retail Workers: +46
- Leisure and Hospitality: +37K, of which 35K waiters and bartenders
And the following job losses:
- Government: -10K
- Transportation and Warehousing: -9K
- Temp Help Services: -4K
- Add the infamous mining and logging, where energy jobs would be found, or not as the case may be: -3K
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Why do we list Education and Healthcare separately from Government?
The same people that make the list are selling gold this morning.
46+46+37=129. What am I missing?
Common core understanding.
Those "missing" jobs are "seasonal adjustment" jobs! (Wink, wink, nod, nod!) Ie., PFA!
But who needs reality any more? We have PRINTED prosperity now!
/sarcasm off
With other words: The numbers are a complete fake. Will the US$, Stocks, Gold, Silver etc. now reverse their - in light of the facts - unjustified movements?
Why give a fuck anyway about a few thousand jobs, when there's much more potentially market moving news out there, being completely ignored
You think Yellen really wants the light on her dust muffin?
I have always been fond of the term "whisker biscuit".
Exactly. Like this:
Ukraine War - Mi-24 Helicopter Flights and Firinghttp://youtu.be/D2fRyKCq7Zo
Those rebles certainly are well trained.
It stinks like shit that I come to believe that THEY are about to lose control for good over everything.
moar bartenders!
Going to school is now is considered a job?
-3k in mining and logging? Hmmm somehow I think the BLS will seasonally adjust this next month to +23k.....Yes...that seems about right
If you've lost your job working on a an oil field move along, there is nothing for you here.
- Janet Yellen
Lose your job? No problem, invest in equities....
--Yellen
What do you call a petroleum engineer?
Waiter!
Oldie but goodie.
Someone tell me why retail would add more in January than December?
It's complicated.
Indeed. Why introduce intelligence into the converstaion? It just confuses people.
Algo's aren't people.
More being returned than was bought.
Radio Shack probably made one last ditch effort to save itself -- adding thousands of new employees to boost demand. It didn't work!
Oh, I got it!
College students dropped out of school in record numbers after the first semester to pursue their career as an associate at Sears and Kmart.
you aren't smart enough to understand
Full Time job converted to Part Time to eliminate the need for benefits, especially 0zer0care. Just watch the retail sales/gross proceeds. If flat, then there cannot be increases in net hours worked or the added cost will destroy profits. Benefits are being sacrifised to generate profits, and you sacrifice benefits by converting to part time employees. It's all smoke and mirrors at BLS.
Now we know it from THEM that THEIR data is simply fiction.
Pardon me while I take a break from my JOB in order to buy some GOLD!
In the progressive Utopia no one can lose their job.
Sadly that is the rule for most government jobs and has been for decades. Unlike organizations that have real jobs, the government can simply take more from people with real jobs to fund their jobs.
Until they can't.
When will "can't" occur for Cuba, Russia, Venezuela, N. Korea, et al? Governments are very capable of hanging in there for a long, long, LONG, time. They write the laws and have the big guns, after all. And often times shoot the people wanting out. Utopia!!!
That burger flipping union is going to be INCREDIBLY powerful when it gets going...
</s>
Bullishski
+46K retail? Are you f***ing serious?
Hookers are retailers. Makes sense. A little on the low side maybe.
I's gonna goes to walmarts and get me one of dem hookers...
People are supplementing their 2nd job with a new 3rd one.
Try Russia as they are everyone's pal and business partner
U.N. Food and Agriculture Organization (FAO) Opens Liason Office In Russia
Russian Farming Conglomerate Rusagro Group Sales Rise 25%…..68% Previous Qtr
IBM To Manage Accounting Services For Multinational Russian Businesses
U.S. Martin Engineering Opens New Business Division in Moscow
Russia Reducing Shipping Port Facilities To Make Room For More Yachts
BP Profit Rise Due To It’s Ownership In Russia’s Rosneft
i dunno ... just doesn't add up ...
Take the red pill and the numbers add up.
Education and health increased. Great that means more propaganda and more pills and poison will be pumped into the people. They are going to make harder for people to critically think. They want us stupid so we cannot see through their web of lies. They don’t want us to prepare for the crash. They want us to be dependent on the government for survival. Don’t get complacent! Buy gold and silver.
A silver dime is worth more than 12 times face value. A silver dollar is worth over 17 times face value. Why is that? The Fed printed more dollars and devalued our currency. They have increased their efforts the past several years. The effects of the inflation have not hit silver prices. If you want to help your family or friends realize this truth, buy them a candle with a silver coin prize: https://www.etsy.com/shop/ScentSavers?ref=hdr_shop_menu
They will definitely enjoy the natural candle and will also be interested in the value of their silver!
A 1967 Chevy Camaro w/collapsing steering wheel:
Original Price: $2,500 - $3,310
Now they range from about 7x for a beater to more than 20x original pricing.
First Chevy Camaro Commercial 1967
https://www.youtube.com/watch?v=MAiOt08dgcg
just a lil irrational exuberance with the brothers and sisters at BLS is all
P < P + I
There are major retailers shutting down hundreds of stores and retail is up? Huh? Ok, sure hese numbers are believable. I'm so sick of these lying maggots.
Obamacare has every 2 full-time workers being replaced with 3 part-time workers. Yes, the net numbers will go up. The health of the numbers is really suspect.
does count if the store closes...no one to report the number.
So honestly, these numbers are just invented out of whole cloth now, right? They no longer have absolutely any connection to reality whatsoever?
Retrograde advance, Soviet!
waiters and bartenders is a great line of service all based on tips and no base salary. Just pray you work in a rich bar to own your own shirt.
Retail Workers: +46
Including Radio Shack and Guitar Center?
Retail must be "crushing it", "knocking it out of the park", " hitting the cover of the ball". Happy days are here again. Just think of all the money that those people are pulling down. $8-9 an hour working 30 hours a week bringing home $240-270 per week before taxes. Happy days are here again, indeed.
There is ALWAYS money for a new Iphone
The BLS has always had one letter too many...
Because of these figures, gold and silver got slammed harder than a cheap prostitute. When that happens, it does always get me down as bit and I wonder if I made the right call in "stackin' dat phyzz, boyz!".
Having said that, the breakdown in this article of the jobs created, also tells me that the US economy is getting sicker, not better. After all, where are the manufacturing, engineering and science jobs?
I just can't reconcile the two. Is there a third (or fourth) factor I'm not taking into account? Have we backed the wrong horse in physical gold and silver?
Your thoughts would be appreciated.
Warm regards from the UK.
Currency wars say to be patient. Gold plays a long game. When CBs stop buying I'll stop.
i look at it as an opportuniy to keep stackin
The Atlantic City region lost 9900 jobs over the past 12 months...wonder if they count these...what are the sectors hiring? Anyone?
English as a second language at Walmart.
Plus 46,000 retail workers my ass. Where I live, since Xmas, the Toys r Us has closed, Kmart closed, Big Lots closed. The BLS numbers seem to be a complete fiction.
It is a lie in real numbers. Maybe contract workers the government hired and classed as retail?
Boiler rooms always need people.
Have you thought about your family's insurance needs today?
NO, IT WAS NOT IN RETAIL.
IT WAS IN LEISURE.
I know because I saw the GDP report on ZH a few weeks ago.
Is BLS combining retail and leisure spending?
Retail is dead.
Is leisure spending EBT purchases?
Leisure might include mary ja wanna sales in Oregon and Colorado.
Boom towns I Hear.