February Jobs Report Shows Six of Ten Sectors in Pain
Abstract:
The accompanying graphs show employment numbers in ten major sectors and sub-sectors (not counting “total” and “services total”). Four of the groupings are showing year-over-year employment declines; two are essentially flat; and the remaining four are doing relatively better due to some combination of three factors: somewhat recession-proof activity in the private sector, government spending in the public sector and the several-year drop in value of the U.S. dollar.
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The accompanying graphs show employment numbers in ten major sectors and sub-sectors (not counting “total” and “services total”). Four of the groupings are showing year-over-year employment declines; two are essentially flat; and the remaining four are doing relatively better due to some combination of three factors: somewhat recession-proof activity in the private sector, government spending in the public sector and the several-year drop in value of the U.S. dollar.