A Note On Employment Growth

 

One of my readers, Dr Dov Frieshberg, sent me a surprising explanation to what I have observed in the employment data [Employment is rising fast], [Follow up]. According to CNNMoney, the manufacturing sector that had been shrinking for years is responsible for the speed-up in hiring this year, a fact confirmed by the ISM surveys. And you thought only China can produce goods in the global economy…

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