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We were talking about the chart showing the cumulative addition of foreign-born and native-born workers added to US payrolls according to the BLS since December 2007, i.e., since the start of the recession/Second Great Depression.
As usually happens, it is precisely this data that gets no mention following any job report.
according to the BLS' Establishment Survey, while 151,000 total workers were added in January, a number which rises to 615,000 if looking at the Household survey, also according to the same Household survey, a whopping 567,000 native-born Americans lost their jobs, far less than the 98,000 foreign-born job losses.
according to the BLS' breakdown of jobs added in January (per the Establishment survey), of the 151,000 jobs added in the past month, retail trade added 58,000 jobs in January, while employment in food services and drinking places, aka waiters and bartenders, rose by 47,000 in January.
In other words, 70% of the job gains in January went to minimum wage workers.
Bottom line: the big sequential bounce in wages was driven entirely by the January minimum wage increase, and the low December base effect. Expect this sequential increase to renormalize in February when the base now reflect higher minimum wages.
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...
May the minimum wage waiter and bartender recovery live long and continue to prosper.
70% of the job gains in January went to minimum wage workers.
originally posted by: Blackmarketeer
70% of the job gains in January went to minimum wage workers.
I find it ironic that someone who regularly posts right-wing propaganda should be upset about most of the new jobs going to minimum wage workers. That is the aftermath of Republican-led, "right-to-work," union-busting, education-gutting, outsourcing, trickle-down economics.
originally posted by: jellyrev
a reply to: dogstar23
This data is from the bureau of labor statistics. If you can't believe these statistics then there will be no credible source for you.
I suggest you look at an I-9 form, you know one of those forms you fill out that your employer sends to .gov.
Sure I guess it is possible that the BLS may fail at their job but considering that data goes to them
unionized jobs are generally skilled professions.
De-unionizing them would not drop wages to that level.
unskilled professions generally do not unionize.
Likely it means that jobs growth in skilled professions is nill and retail, waiter, bartender jobs are the only jobs being created.
originally posted by: dukeofjive696969
All jobs created since 2007, epic fail lol, really all jobs, at lesst you could have tweeked your title, and people believe this lol.
All jobs i just spilled my coffee over th keyboard lol.
Just curious not being from America, does that form include employees country of birth even if they are now classed as US citizens? If so, what is the point apart from showing that more people who are not born in America got themselves jobs than those that were born in America? What exactly does that actually mean if both sets of people are paying taxes? Does it mean people not born in America are more likely to take on jobs that those born in America won't?
originally posted by: infolurker
originally posted by: dukeofjive696969
All jobs created since 2007, epic fail lol, really all jobs, at lesst you could have tweeked your title, and people believe this lol.
All jobs i just spilled my coffee over th keyboard lol.
You see, there are those things called "Links".
Note the TITLE of the first link.... Same as the title of the thread
originally posted by: dukeofjive696969
originally posted by: infolurker
originally posted by: dukeofjive696969
All jobs created since 2007, epic fail lol, really all jobs, at lesst you could have tweeked your title, and people believe this lol.
All jobs i just spilled my coffee over th keyboard lol.
You see, there are those things called "Links".
Note the TITLE of the first link.... Same as the title of the thread
You see theres a thing called reality, just tell my budy in chicago that keeps on hireing hvac technicians for is homegrown company, fail again lol
originally posted by: jellyrev
a reply to: dukeofjive696969
Or maybe just maybe your buddy is good at running his business.
Usually when we talk about nationwide macroeconomic and social issues we use anecdotal reports of someone's small business as proof /sarc.
I know a guy who did coc aine for 20 years and held down a job and had a family. Proof that coc aine isn't bad. that is what your post sounds like.