The economy created 199k jobs in November, higher than expectations of 190k, but there are some caveats. Manufacturing added 28k jobs, but after stripping out the 30k UAW strikers coming back to work, manufacturing actually lost -2k jobs. Similarly, the Information industry gained 10k, but after stripping out the returning 17k SAG-AFTRA workers, Information actually lost -7k jobs. Overall, removing the effect of striking workers lowered total job gains from 199k to 152k.
To read Dan's full report, click on the link below and download the PDF
Wheel of Risk Podcast
Season 2 is here!
America’s premier podcast about the risk and reward of doing business in uncertain economic times is back! Welcome to season two of Wheel of Risk, proudly presented by Allianz Trade.
Over the course of eight episodes, host Alix McCabe and her team of experts are set to explore a whole new series of timely and relevant topics, from bank failures and rising interest rates to the threat of zombie firms and the cyclical nature of recession and recovery. They’ll also tackle some common myths and misconceptions about trade credit insurance, and bring you expert advice and actionable insights designed to help you keep your business safe, secure, and profitable — even in challenging times.
Listen to season two of Wheel of Risk, now streaming on all the major podcast platforms.