President Trump has consistently been attacked for his tariff policies since his 2016 campaign, despite the fact that the tariffs he invoked as president led to the creation of hundreds of thousands of manufacturing jobs and billions of dollars in domestic investment…
ADP Employment Disappoints – No Manufacturing Jobs Gained in June…
After jumping heroically in May, ADP reported a disappointing 158k employment gain in June (188k exp.) and revised May’s exuberance notably lower (253k to 230k). While ‘soft’ survey data suggests empoloyment should be resurging, the hard numbers are disappointing again. Medium-sized firms dominated the gains (+91k vs Small firms 17k and Large firms +50k).Perhaps most […]
ADP Is Reporting a Whopping 263k Jobs in Goods, Construction and Manufacturing Jobs…
After last month’s private payrolls scorcher, when ADP reported that a whopping 298K jobs were added, the biggest increase in 6 years on a record surge in good producing jobs, this morning ago the momentum continued when ADP reported that in March the US generated 263,000 jobs, smashing expectations of a 185,000 gain, and after […]
Since 2014, the US Has Added 547,000 Waiters and Bartenders and Lost 32,000 Manufacturing Workers…
As another month passes, the great schism inside the American labor force get wider. We are referring to the unprecedented divergence between the total number of high-paying manufacturing jobs…