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Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
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Since2007:1.4MillionManufacturingJobs
Lost1.4MillionWaiter/BartenderJobs
Gained
SubmittedbyTylerDurdenon08/07/201510:050400
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WhosaysAmericahasajobsproblem?Asthechartbelow
shows,the"NewEconomy"maypayabysmally,butatleastit
promisesalittletoeveryone(ortoparaphraseafamousphrase
"Fromeachaccordingtohisability,toeachaccordingtohis
need").Nowhereisthatmoreobviousthaninthechartshowing
themonthlychangeinwaiterandbartenderjobs.
Hereisthebottomline:inthepast65months,ornearly
fiveandahalfyearsstartingwithMarch2010,orwhen
thejobs"recovery"reallykickedin,jobsforwaitersand
bartenders(akafoodserviceanddrinkingplaces)have
declinedjustonce.
080710:15:EngilityHoldings(EGL)upgradedtobuyfrom
Thisisastatisticallyabnormalhitrateofnearly99%,andone
whichweassumehaseverythingtodowiththeBLS'chargeof
notsomuchreportingrealityasfindingloopholesinthe
goalseekedmodeltoreportthattheUSkeepsaddingover
200,000jobseverymonthorbust.
080710:15:CanadianIveyPurchasingManagersIndexSA
holdatBB&T
080710:15:OffWallStreetResearchhasremovedCogent
CommunicationsHoldings...
080710:15:CanadianIveyPurchasingManagersIndexSA
(Jul)M/M52.9vs.Exp.51...
(Jul)M/M52.9vs.Exp.51...
08079:42:DallasFed'strimmedmeanPCEpriceindex
+2.1%annualizedin...
Puttingthisnumberincontext,theUShasallegedlyadded376K
bartendersinthepastyear,and3millionsinceMarch2010.
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NewComments Today'sTopStories
GlobalEconomicAnalysis
080710:32:Texashasenougholdfolksin(CrazyCooter)
ImplodeExplode
080710:31:Aren'tyouDutchBoy2015?The(gregga777)
InvestingContrarian
080710:31:Good!Ineedsomeoneto(B2u)
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080710:30:ShouldmakeforsomeVERY(toady)
MarketFolly
080710:30:Whatisthis'freemarket'of(Yourguessis
a...)
MarketMontage
080710:30:Makemenochangethatto(allpricedin)
MaxKeiser
080710:30:ANDISTILLNEEDTOWAIT20(Sudden
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Debt)
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Andhereisanother,evenmoredisturbingwayofshowingthe
"NewEconomy"sinceDecember2014,theUShaslost1.4
millionmanufacturingworkers.Thesehavebeenreplaced
almostonetoone,withnewwaitersandbartenders.Win,
winforeveryone,especiallythewelfarestateandofcourse,
China.
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07/08/2015
Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
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Headbanger
Fri,08/07/2015
10:07|6400986
Whatarethe
numbersonboozeconsumption?
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comments
synergize
Fri,08/07/2015
10:09|
Hmmmcould
thatbe
6400992
because1
waiterworking2parttimejobs=2employeestothe
BLS...
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postcomments
realmoney2015
Fri,
08/07/2015
Whohas
moneyto
10:09|
gotobarsandout
6400998
toeat?Mustbeall
thosewelfarepeople,becauseIworkandIcannot!
Loginorregister
topostcomments
Haus
Fri,
Targaryen
08/07/2015
10:12|
People
paying
6401016
with
thatplasticmoney."Ifyoucanaffordthemonthly
paymentyoucanaffordit"kindofnonsense.
Loginor
registerto
post
comments
saints51
Fri,
08/07/2015
10:16|
6401040
^^^^^^This^^^^^
Thiscountrywouldbebetteroffatthispointif
creditdidnotexist.
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topost
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http://www.zerohedge.com/news/20150807/holygrailamericasneweconomywaiterbartenderjobshaveincreased64past65mont
2/6
07/08/2015
Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
Hohum
Fri,
08/07/2015
10:25|
6401080
saints51,
Debtisn'tabugit'safeature.Without
credit,we'dhavetoworkalotharderand
learntoconserve.Idon'tthinkmost
peoplewantthat.Sobecarefulwhatyou
wishfor.
Loginor
register
topost
comments
snr
Fri,
08/07/2015
10:32|
6401109
moment
Theworkethicwaskilledoff
longbeforethejobswentelsewhere.
Unionsareforhigherwagesandjob
security.Theywillstillendorse
democratsdespiteTPPetc.
Loginor
register
topost
comments
Fri,
08/07/2015
10:18|
6401041
847328_3527
"Youdeserveit!"
"Showyourneighborswhoyouare!"
"BuyaXYZandlooklikeaKing!"
"BuyMoar,SaveMoar!"
"Whenyoushop,yousave!"
"Ifyoucallrightnow...."
"Thisdealwon'tlastforever!"
"Don'tbepricedoutofthemarket."
Loginor
register
topost
comments
Chuck
Fri,
Knoblauch
08/07/2015
10:14|
6401022
Retirementmoneylivingonborrowed
time.
Loginor
registerto
post
comments
Yourguess
Fri,
isa...
08/07/2015
10:29|
Retirement
6401100
http://www.zerohedge.com/news/20150807/holygrailamericasneweconomywaiterbartenderjobshaveincreased64past65mont
3/6
07/08/2015
Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
moneyisSO20thcentury.Nowallofthecool
kidsareplanningtoliveonbenefitsforever.
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topost
comments
Headbanger
Fri,
08/07/2015
Old
farts
10:14|
making
6401024
hugecashfor
knowinghowtodrivemanualtransmissionsand
makecallswithrotaryphonesandusepunch
cards.
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registerto
post
comments
Heywood
Fri,
08/07/2015
10:19|
6401056
Jahblohmee
INthelandwhereAutomobileswere
inventedtheautomatictransmissionare
optionalandfewpeopleorderthem.
Peopleherestillliketodrivetheircars.
(Germany)
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topost
comments
MrPink
Soooo......isit
since2007or
2014?
Fri,08/07/2015
10:22|
6401074
Loginorregisterto
postcomments
AgentP
Fri,08/07/2015
10:09|6400999
Bringmea
sandwichandawhiskeyneat.
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comments
PeakFinance
Fri,08/07/2015
Ieventhinkthese 10:13|6401020
numbersarefaked.Ireallydon'tthinkthatmany
newrestruantsandbarshavebeenopened.Evenin
touristspotslikeSouthFlorida,Leecountybeaches,Broward
Area,etc,dosen'tseemliketherearealotofnewplacesAT
ALL.
IthinkeverytimeIgivemyfriendabeertheyarecounting
measabartenderforthemonthtogetthesenumbers.
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comments
astoriajoe
Fri,08/07/2015
10:15|6401030
Inhindsight,
Obama'sBeerSummitearlyinhisfirsttermshould
havegivenusaclueonwherethingswereheaded.
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comments
youngman
Fri,08/07/2015
10:15|6401032
andallthose
waitersandbartendersdonotpaytaxesontheir
tips...theydonotreportallofthembyabig
margin....andmanyliveonthedoletoo...itsascamlifeand
theyaregoodatit....theyseeallthecashandwantpartof
it...
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comments
nosam
Fri,08/07/2015
http://www.zerohedge.com/news/20150807/holygrailamericasneweconomywaiterbartenderjobshaveincreased64past65mont
4/6
07/08/2015
Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
Isitpossiblethat
10:15|6401033
thenumberofjobs
haveincreasedbutthenumberofhoursperjobhas
decreased?TosidestepObamacare?
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comments
JustObserving
Fri,08/07/2015
10:16|6401037
TheAmerican
Dreamyouhavetobeasleeptoseeit.
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comments
GotNuttin'todo
Fri,08/07/2015
00
10:17|6401043
O
That'smysurprisedface!
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comments
HeywoodJahblohmee
Fri,08/07/2015
Heypeopleneedto 10:17|6401045
eatandgetshitfacedalso.Morebartenders.
Loginorregistertopost
comments
Dr.Engali
Finally!ApostI
candrinkto!
Fri,08/07/2015
10:19|6401057
Loginorregistertopost
comments
ChuckKnoblauch
Fri,08/07/2015
10:21|6401065
Trumpwill
negotiatebettertradedeals.
Loginorregistertopost
comments
MikeMasr
Fri,08/07/2015
10:22|6401071
Theseareallthe
greatjobsObamatakescreditfor.That'sthechange
wecanallbelievein!
Loginorregistertopost
comments
JailBanksters
Fri,08/07/2015
10:24|6401076
Andthebiggest
incomeofBartendersandWaitersisblackmoney,
tips.Theamountofmoneycollectedisnowherenear
theamountreportedfortax.SotheGovernmentisonce
againgoingtohavetoborrowaninsaneamountofmoneyto
payforthe1in7peoplethatnowworkfortheUS
Government.
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comments
snrmoment
Meh.Nothingthe
TPPwon'tfix!!
Fri,08/07/2015
10:27|6401092
Loginorregistertopost
comments
allpricedin
Fri,08/07/2015
10:30|6401097
Makemeno
changethattoManufacturemeasandwichanda
Scotchandwater
Justreclassifythesejobsasmanufacturingproblem
solved.
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comments
SuddenDebt
Fri,08/07/2015
http://www.zerohedge.com/news/20150807/holygrailamericasneweconomywaiterbartenderjobshaveincreased64past65mont
5/6
07/08/2015
Since2007:1.4MillionManufacturingJobsLost1.4MillionWaiter/BartenderJobsGained|ZeroHedge
ANDISTILL
10:30|6401102
NEEDTOWAIT
20MINUTESBEFORETHEYBRINGMEMY
FUCKINGBEER!!
NOWYOUSEEWHYI'MUPSET??!!!
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comments
B2u
Fri,08/07/2015
10:31|6401106
Good!Ineed
someonetoservemeatthebarwhenIusemySNAP
card.
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comments
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