An Update On The Waiter And Bartender Recovery

Tyler Durden's picture




 

Since the US manufacturing sector is unofficially in a recession, and since the US service sector is allegedly growing like gangbusters, we are updating our favorite chart showing the bifurcation in the New Abnormal US economy: the job gains by U.S. manufacturing workers on one hand, and by waiters and bartenders on the other.

Here is the cumulative job gains for manufacturers vs waiters and bartenders in the past 12 months...

 

... and since December 2007.

 

May the minimum wage waiter and bartender recovery live long and continue to prosper.

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Fri, 02/05/2016 - 12:25 | 7145178 E.F. Mutton
E.F. Mutton's picture

Baristas make coffee.  Bartenders make drinks.  Waiters make tips.  See? Manufacturing!

Fri, 02/05/2016 - 12:30 | 7145213 duo
duo's picture

GS makes fraud, GE makes tax avoidance, JPM makes human misery.  See, America makes lots of stuff.

Fri, 02/05/2016 - 12:36 | 7145249 InjectTheVenom
InjectTheVenom's picture

>>>>  FORWARD !

>>>>  FORWARD OVER CLIFF !

Fri, 02/05/2016 - 12:56 | 7145346 MillionDollarBonus_
MillionDollarBonus_'s picture

How many times do I need to say this? Service jobs are better than manufacturing jobs. Nobody wants to be getting their hands dirty in the 21st century. If you don't believe me, ask young people in this country what they'd rather be doing: fitting greasy metal parts together in a dark room, or learning how to make an awesome Latte in a hip cafe filled with interesting and edgy people to talk to? I know what I'd choose. 

Fri, 02/05/2016 - 13:12 | 7145390 hedgeless_horseman
hedgeless_horseman's picture

 

 

Or, even better...

... in a dark room, fitting greasy metal parts together in interesting and
edgy people who
make an awesome Latte in a hip cafe...

...but this may be catagorized as service, manufacturing, or as, "a rewarding career in healthcare."


Fri, 02/05/2016 - 13:20 | 7145480 GhostOfDiogenes
GhostOfDiogenes's picture

You had to go there. Lmao!

Didn't yah?

Fri, 02/05/2016 - 13:34 | 7145571 JRobby
JRobby's picture

The rich (not the super, obscenely) will eventually run out of money to go out to eat and drink too.

Fri, 02/05/2016 - 13:16 | 7145453 skinwalker
skinwalker's picture

You are a poor imitation of the original MDB, and for that you should be beaten with select iron rods. 

Fri, 02/05/2016 - 13:19 | 7145470 silverer
silverer's picture

Service jobs shuffle money around, but they don't create wealth. Your "hip" people are sending their money to China for the coffee equipment. The greasy metal parts getting fitted together are made someplace, but probably not in the US. If he's fitting them together, and not making the parts themselves, scratch two for US manufacturing.

Fri, 02/05/2016 - 14:05 | 7145743 new game
new game's picture

not to correct you, but i will, these jobs are here but the parts are sourced from guess where. so, assembly for value added. and yes grease when first used, clean grease...

check craigslist, tons of assembly work from v nam'rs and mex. oh yea, merica da greatest. still on top! ha...

Fri, 02/05/2016 - 12:33 | 7145223 depression
depression's picture

And every one of those 100's of thousands of minimum wage earning millenials is a vote for Bernie.

Given the demographics, a campaign strategy based on raising the minimum wage to $15 an hour, forgiving student loan debt, and free health care is brilliant. He is telling these kids exactly what they want to hear.

Fri, 02/05/2016 - 12:59 | 7145351 Normalcy Bias
Normalcy Bias's picture

Look at all of the Free Shit he's promising.

They promised us Free Healthcare, and now we have it!

See, their promises of Free Stuff are entirely believable.

Fri, 02/05/2016 - 13:35 | 7145582 Government need...
Government needs you to pay taxes's picture

What about a free home?  Isnt that the next frontier for the free shit army?

Fri, 02/05/2016 - 14:38 | 7145940 Libertati Aut A...
Libertati Aut Ad Mortem's picture

Fri, 02/05/2016 - 12:41 | 7145273 gladih8r
gladih8r's picture

Yeah, we'll just mix drinks for each other in this economy and that will show a positive GPD growth number somehow. 

The  leech.gov folks will then tax it because you know, they have "wants" and someone has to pay for that shit.

 

Fri, 02/05/2016 - 12:37 | 7145184 hedgeless_horseman
hedgeless_horseman's picture

 

 

Maybe we will finally get some descent service at The Club, again, darlings.

 

Remember to celebrate Black History Month.

Apparently, we forgot White, Brown, Red, and Yellow History Months.

Fri, 02/05/2016 - 12:39 | 7145265 KnuckleDragger-X
KnuckleDragger-X's picture

The black's forgot (real) black history a few decades ago......

Fri, 02/05/2016 - 12:44 | 7145285 froze25
froze25's picture

Yes, they did it is demonstrated by them (not all but most) voting for the Racist party of the KKK known as the Democrats. Who have re-enslaved them via "benefits" designed to destroy their culture, family and any hope of upward mobility. Muslim History month is around the corner.

Fri, 02/05/2016 - 13:30 | 7145543 KnuckleDragger-X
KnuckleDragger-X's picture

But its such a nice plantation......

Fri, 02/05/2016 - 12:43 | 7145287 RaceToTheBottom
RaceToTheBottom's picture

Don't you know?

Black is the only real color.

The others are a lack of color.

Fri, 02/05/2016 - 12:53 | 7145335 Freewheelin Franklin
Freewheelin Franklin's picture

Black is the absence of light. 

Fri, 02/05/2016 - 12:56 | 7145344 RaceToTheBottom
RaceToTheBottom's picture

You need to be re-educated to understand the political correctness view of the world.  

Now on to reparations....  and handouts to businesses with color.

Fri, 02/05/2016 - 13:36 | 7145586 JRobby
JRobby's picture

The rest were bleached by a nuclear explosion 30,000 years ago in what is now the Gobi Desert

Fri, 02/05/2016 - 12:43 | 7145295 corporatewhore
corporatewhore's picture

i see that the frito lay is honoring black history month with displays of cheetos, hot spicy cheetos, fritos in a panorama of flavors and a few other chips.

and, no, that is not a joke.

Fri, 02/05/2016 - 13:39 | 7145606 JRobby
JRobby's picture

Super Bowl L Nashville Style XL Size Bucket of Chicken Special Santa Clara Edition

Fri, 02/05/2016 - 12:46 | 7145312 GhostOfDiogenes
GhostOfDiogenes's picture

Black Lies Matter

Fri, 02/05/2016 - 12:27 | 7145192 Dorkface
Dorkface's picture

Wow, I had no idea colleges and universities were cranking out waiters and bartenders at that rate!

Fri, 02/05/2016 - 12:28 | 7145195 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

beer pong!

Fri, 02/05/2016 - 14:48 | 7146001 JRobby
JRobby's picture

Hello, this is SALLIE

Your loan payment can not be deferred again

You should of thought about that when you borrowed the money

Of course we loan out the same amounts no matter what degree program you select

Fri, 02/05/2016 - 12:28 | 7145196 DrDinkus
DrDinkus's picture

Excuse me...but which way to the Choom Wagon? 

Fri, 02/05/2016 - 12:45 | 7145304 GhostOfDiogenes
Fri, 02/05/2016 - 12:28 | 7145198 BlueStreet
BlueStreet's picture

They're gonna be busy tonight with a lot of folks drowning their sorrows. 

Fri, 02/05/2016 - 12:30 | 7145212 Bill of Rights
Bill of Rights's picture

Two Johnny Walker Blue and Coke...whats that?

 

no habla espanol

 

In other news Gold is green :)

Fri, 02/05/2016 - 12:33 | 7145231 Kaiser Sousa
Kaiser Sousa's picture

but man do they really fear Silver.....

 

Fri, 02/05/2016 - 13:40 | 7145617 JRobby
JRobby's picture

"That" is the destruction of some pretty good scotch

Fri, 02/05/2016 - 12:31 | 7145215 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Wait! Since the remaining blue collar people will get fired, they will start drinking. Guess where? In the local bar of course! Which means more bartenders and waitresses needed. So the economy will always stay good on average. That's what it's all about is it.

/s

Fri, 02/05/2016 - 12:34 | 7145234 depression
depression's picture

Textbook example of Creative Destruction.

 

Fri, 02/05/2016 - 12:41 | 7145274 KnuckleDragger-X
KnuckleDragger-X's picture

I remember a bar owner once telling me that in good times we drink to celebrate, and bad times, to forget......

Fri, 02/05/2016 - 13:02 | 7145366 Intoxicologist
Intoxicologist's picture

Alcohol never solved anyone's problems; then again, neither has milk.

Fri, 02/05/2016 - 12:39 | 7145251 Savyindallas
Savyindallas's picture

I've encouraged all 3 of my sons to quit their jobs and go to bartender school. It's only going to get better. My daughter is taking waitress courses at her high school. 

 

I'm looking to buy a bar in the dallas area. Anyone have any leads? 

Fri, 02/05/2016 - 13:18 | 7145467 skinwalker
skinwalker's picture

If you have the means, you'd be better off with a strip club. Better margins, and you can horrify polite company when you tell them what you do for a living. Win win. 

Fri, 02/05/2016 - 12:37 | 7145252 BasqueRand
BasqueRand's picture

Do they at least add a few jobs for the people who manufacture the jobs report?

Fri, 02/05/2016 - 12:41 | 7145256 Squid Viscous
Squid Viscous's picture

When lap dances come back down to 5 joobux, I'll know the end is really near...

 

"The world needs ditch diggers too... DANNY!"

Fri, 02/05/2016 - 12:43 | 7145288 Savyindallas
Savyindallas's picture

The average Sugar daddy at seekingarrangements.com has 3 sugar babies  -each at about 3 grand a month. If the market keeps crashing, many will have to cut back to 2 a month. That will put a lot of pretty young girls back on the market for waitress positions. Janet needs to crank it up a notch so we can accomodate these young girls. 

Fri, 02/05/2016 - 12:38 | 7145257 SillySalesmanQu...
SillySalesmanQuestion's picture

My friend told me that they are now offering Masters and PH.D. degrees in Mixology & Interpersonal Humanity Skills...

S/

Fri, 02/05/2016 - 12:43 | 7145289 DrBrown
DrBrown's picture

Don't forget Womens Studies.

Fri, 02/05/2016 - 12:42 | 7145277 fireant
fireant's picture

Hired to serve students spending loan money.......

Fri, 02/05/2016 - 12:43 | 7145294 Monetas
Monetas's picture

"My bartender .... was the biggest banker .... in Amsterdam !"  Casa Blanca

Fri, 02/05/2016 - 13:00 | 7145354 SillySalesmanQu...
SillySalesmanQuestion's picture

LMAO Kaiser! He should have an anchor job with LIESman at CNBS.
He must be on happy pills or smokes really good weed.

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