Friday, 2 November 2018
October Surprise: U.S. Added More Than 1,000 Manufacturing Jobs a Day, Best Since 1998 per Breitbart
Breitbart https://www.breitbart.com/economy/2018/11/02/october-surprise-u-s-added-more-than-1000-manufacturing-jobs-a-day-best-since-1998/ report:
'Rumors of a slowdown in American manufacturing were greatly exaggerated.
The United States added 32,000 new manufacturing jobs in October, more than 1,000 every day, including holidays and weekends. Twenty-one thousand of the new manufacturing goods were in durable goods manufacturing, including more than 10 thousand in transportation manufacturing. More than 6,000 new jobs were added in autos and auto parts. Nearly 5,000 jobs were added by makers of machinery.
October is not typically a strong month for manufacturing jobs. In fact, the U.S. has not created this many manufacturing jobs in October since 1998, according to Department of Labor data. Manufacturing was expected to grow by just 13,000 jobs.
October was a surprisingly strong month for jobs overall, with the economy adding 250,000 jobs. That far exceeded expectations of 190,000.'
Somehow I don't think that the BBC will report this news, after all there are mid-term elections to win for the Democratic Party.