Don’t shoot the messenger, but this is not good.
92,000 jobs lost in February. Job losses across every sector. Even healthcare lost jobs. Revisions will make this worse, we have had 13 straight months of negative revisions. Manufacturing is down, remember when tariffs were going to bring back manufacturing.
You can’t fire enough Labor statisticians to make these numbers better. Unemployment is up too, what happened to Americans will take over the jobs of deported immigrants? Unemployment should be dropping.
So much winning. Guess what, it’s going to get worse.
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