Shit jobs up. Good jobs down.
Every day in March, 1,000 manufacturing jobs were lost...
BBG: April 1, 2016
Manufacturing Jobs -29,000 for March. Largest Drop Since December 2009
"The number of Americans working part-time for economic reasons rose by 135,000 to 6.12 million, the highest since August."
Part time, low paying jobs are at a level associated with recession:
Foodstamps versus Labor Participation Rate
Foodstamps with corporate profits (indexed to GDP):
Fed funds with manufacturing jobs aka. "capacity utilization"
Manufacturing jobs and wages
Rate of change: Corporate profits (blue) with payrolls (red):