Posted on Aug 6, 2022
Senate set for marathon 'vote-a-rama' as Democrats rush to pass social spending and tax bill
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What is interesting is where job grew?
https://www.cnbc.com/2022/08/05/jobs-report-july-2022-528000.html
This language stuck out:
"...Leisure and hospitality led the way in job gains with 96,000, though the industry is still 1.2 million workers shy of its pre-pandemic level..." AND "...government payrolls grew 57,000..."
By the numbers from the source (https://www.bls.gov/news.release/pdf/empsit.pdf)
Here is some CNBC Commentary: https://www.cnbc.com/2022/08/05/heres-where-the-jobs-are-for-july-2022-in-one-chart.html
"The U.S. economy added many more jobs than expected last month, and there was an appetite for workers particularly in the service sector, which has been grappling with labor shortages. The leisure and hospitality sector saw the most jobs growth, with 96,000 payrolls added in July, led by strong expansion in food and drinking places, according to the U.S. Bureau of Labor Statistics. Restaurants and airlines have been scrambling to repopulate their ranks ever since the economy started to reopen. .."
So, when the feed speaks about "job added" are they really speaking of NEW OPPORTUNITIES or more exactly RETURNING OPPORTUNITIES once LOST? I think that the BLS must separate the numbers and provide "NEW JOBS" because they NEVER EXISTED BEFORE and "RETURNING JOBS" for those that return as with Leisure and Transportation industries that lost and are RECOVERING!
Just sharing some of my morning reading...............
https://www.cnbc.com/2022/08/05/jobs-report-july-2022-528000.html
This language stuck out:
"...Leisure and hospitality led the way in job gains with 96,000, though the industry is still 1.2 million workers shy of its pre-pandemic level..." AND "...government payrolls grew 57,000..."
By the numbers from the source (https://www.bls.gov/news.release/pdf/empsit.pdf)
Here is some CNBC Commentary: https://www.cnbc.com/2022/08/05/heres-where-the-jobs-are-for-july-2022-in-one-chart.html
"The U.S. economy added many more jobs than expected last month, and there was an appetite for workers particularly in the service sector, which has been grappling with labor shortages. The leisure and hospitality sector saw the most jobs growth, with 96,000 payrolls added in July, led by strong expansion in food and drinking places, according to the U.S. Bureau of Labor Statistics. Restaurants and airlines have been scrambling to repopulate their ranks ever since the economy started to reopen. .."
So, when the feed speaks about "job added" are they really speaking of NEW OPPORTUNITIES or more exactly RETURNING OPPORTUNITIES once LOST? I think that the BLS must separate the numbers and provide "NEW JOBS" because they NEVER EXISTED BEFORE and "RETURNING JOBS" for those that return as with Leisure and Transportation industries that lost and are RECOVERING!
Just sharing some of my morning reading...............
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs...
Nonfarm payrolls were expected to increase 258,000 in July, according to Dow Jones estimates.
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