This alarming news show that TENS of THOUSANDS of jobs were lost in the Education sector, and the Manufacturing and Construction industry. BUT – an increase in health services, leisure/hospitality, and temporary services. What this tells me is that America is trending towards a once mighty nation of industry and produce – and moving towards a docile servitude country.
Is this by design?
Economy loses 95K jobs due to government layoffs
By CHRISTOPHER S. RUGABER, AP Economics Writer
WASHINGTON – A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation’s payrolls by a net total of 95,000 jobs.
The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s.
A net total of 159,000 government jobs were lost in September. Local governments cut 76,000 jobs last month, most of them teachers. That’s the largest cut by local governments in 28 years. About 77,000 temporary federal census jobs ended and state governments shed 7,000 jobs.
Nearly 14.8 million people were unemployed last month. That’s almost 100,000 fewer than in August.
Manufacturers cut 6,000 jobs, the second straight month of losses. The sector drove job growth earlier this year, adding 134,000 positions in the first five months of 2010, but factory employment has been flat since then.
Construction firms cut another 21,000 jobs, hampered by weakness in commercial real estate development. Information services lost 5,000 positions.
Other sectors showed job gains: Health care added 32,000 jobs, the leisure and hospitality sector added 38,000, and retailers added 5,700. Temporary help services hired nearly 17,000 workers.
https://suicidenation.wordpress.com/wp-admin/post-new.php
I do know this: a handful of corporations used their stimulus money to move their operations offshore.
IBM – http://www.huffingtonpost.com/dawn-teo/ibm-trifecta-files-for-of_b_181572.html
Green Jobs – http://www.economicpopulist.org/content/84-green-job-stimulus-money-going-offshore