Aug 07

“Here is another, even more disturbing way of showing the “New Economy” – since December 2014, the US has lost 1.4 million manufacturing workers. These have been replaced almost one to one, with new waiters and bartenders. Win, win for everyone, especially the welfare state and of course, China.”


–  Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained (ZeroHedge, Aug 7, 2015):

Who says America has a jobs problem? As the chart below shows, the “New Economy” may pay abysmally, but at least it promises a little to everyone (or to paraphrase a famous phrase “From each according to his ability, to each according to his need”). Nowhere is that more obvious than in the chart showing the monthly change in waiter and bartender jobs.

Here is the bottom line: in the past 65 months, or nearly five and a half years starting with March 2010, or when the jobs “recovery” really kicked in, jobs for waiters and bartenders (aka food service and drinking places) have declined just once.

This is a statistically abnormal hit rate of nearly 99%, and one which we assume has everything to do with the BLS’ charge of not so much reporting reality as finding loopholes in the goalseeked model to report that the US keeps adding over 200,000 jobs every month or bust.

Putting this number in context, the US has allegedly added 376K bartenders in the past year, and 3 million since March 2010.

waiters bartendfers

And here is another, even more disturbing way of showing the “New Economy” – since December 2014, the US has lost 1.4 million manufacturing workers. These have been replaced almost one to one, with new waiters and bartenders. Win, win for everyone, especially the welfare state and of course, China.

mfg workers vs bartenders

Still believe in the ‘recovery’, then maybe you had too much …

Fluoride-Dees

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One Response to “Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained”

  1. Marilyn Gjerdrum Says:

    For a while, the Bush administration was able to include flipping hamburgers as MFG jobs………………..

    The lies continue, while the implacable truth sets still for all willing to seek it. Truth isn’t easy to conceal, and in time, it makes itself clear to all……………… While the fools await the lies, the truth is there for all who seek it.

    Truth makes itself clear for all who will settle for nothing less…….The truth won’t settle for less, regardless of the idiots who call their madness part of an essential part of the whole………..

    If people continue to drink from the Fountain of Oblivion and avoid the truth, the system will continue to control most, and the fools will remain deluded. If they remain that way, the system will control most, and all hope (born in the enlightenment of the 18th century) will vanish. The traditional society will be fully reborn, and man will get what he deserves……..damn little while the few will gobble up what is left of the world’s resources.

    I cannot imagine what man will settle for instead……. and I am profoundly grateful I have an illness that will soon take my life. I think the 18th century idea that all men are created equal is a fallacy.

    I wish I saw some hope for mankind, but I don’t. I think we are being consumed being fooled by our own folly…………………..We have so little curiosity about our own past………………………..

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