We have dug a bit deeper into the details of the employment report and show them here for a more detailed understanding. Above we show the breakout by sector as of September. Also just look at the total percents in Govt and Ed/Health.
A closer look at Government and Education/Healthcare shows continuing explosive growth in Health Care.
This I believe will be a serious problem going forward and will be uncontrollable unless major changes are made and that includes the removal of ACA and its demands.
The above shows the change from the beginning of the collapse until now. Remember that the population has increased so that growth which may appear may actually be just a population effect. We see Ed/Health and Government are the largest contributors.
Above is the employment by month by sector. We see some growth in a few sectors but great weakness across the board.
The above and following two depict percent changes by a few sectors. Note above we have dropped in Manufacturing and have negative growth.
And finally:
The details are not positive despite the spin machines.
Posts
