I tried to find something bad in the jobs report, and I couldn't
200,000+ plus jobs in multiple sectors. Christ, if this happened under Bush, republicans to this day wouldn't shut the fuck about it.
200,000+ plus jobs in multiple sectors. Christ, if this happened under Bush, republicans to this day wouldn't shut the fuck about it.
The professions where jobs were added looked pretty good. Yes, services dominated again with 70,000, but it's important to know that not all service-sector jobs are created equal. In July, 37,400 of the total came from professional and technical jobs, including 8,200 for computer systems design, another 6,500 from architectural and engineering services and 5,600 in management and technical consulting.
Elsewhere, health-care hiring jumped by 43,000, bringing to 477,000 the new jobs created in the field over the past 12 months, more than six years after Obamacare was put in place. Despite the onerous Dodd-Frank regulations, Wall Street jobs continued to grow, adding 18,000 in the past month and 162,000 over the past year.
There are still way too many Americans out of the labor force, but even that number is moving in the right direction, with a decline of 375,000 over the past two months to a still-hefty 94.3 million. During that period, the size of the civilian labor force has increased by a whopping 821,000 — including 407,000 in July — to 159.3 million, according to the household survey.