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The Jobs Economy Worsens as Full-Time Work and Manufacturing Jobs Disappear

 The Jobs Economy Worsens as Full-Time Work and Manufacturing Jobs Disappear

June’s job losses—which now come in at -13,000—were then followed by a gain of an unimpressive 79,000 in July, with the new August total coming in at a paltry 22,000. Total job gains have now averaged a measly 29,000 for the past three months. This all suggests a rapidly weakening job markeJune’s job losses—which now come in at -13,000—were then followed by a gain of an unimpressive 79,000 in July, with the new August total coming in at a paltry 22,000. Total job gains have now averaged a measly 29,000 for the past three months. This all suggests a rapidly weakening job market.

https://mises.org/mises-wire/jobs-economy-worsens-full-time-work-and-manufacturing-jobs-disappear

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