Friday, April 1, 2016

If You're Not Pissed Off, You're Fucking Stoned

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):