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Manufacturing Payrolls Plunge As Private Sector Hiring Decelerates
US private sector employers added fewer jobs than anticipated in November.
At 127,000, the headline
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Fed should remember the warning on the economic side-view mirror: objects are closer than they appear
Tech might have problems on the top (sales) line- but margins might do better than feared- due to trimming of personnel.
“The range of estimates, from 31 people who spent a fortune training for a career in blindfolded dart throwing …” That’s a big LOL … wonderful. However, respectfully, the probability is that none of them spent anything. I didn’t. The great state of Ohio, birthplace of presidents, paid me to go to school and gave me free stuff. To complete a doctorate when I went to school required 132 hours above a bachelor’s degree. Since school was free I took 196 hours in four years. Lots of free stuff, all of which helped me to be here this AM.
I wonder if the “blindfolded dart throwing” comment will make it into a Bloomberg post?