Half of June's Job Growth Was in Government. Manufacturing Jobs Fall.

Half of June's Job Growth Was in Government. Manufacturing Jobs Fall.

June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new jobs were government jobs.

Rise in multifamily employment outpaces national gains

The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated employment grew in June, but many of the jobs added were in government, health care and social assistance. The employment levels for 3 of the 4 multifamily-related job categories we track were reported to be higher than the levels reported last month. Government […] The post Rise in multifamily employment outpaces national gains appeared first on Yield PRO.

U.S. Manufacturing Jobs Continue to Decline Despite At-Large Job Growth

The manufacturing sector shed 7,000 jobs in June, bringing its unemployment rate to 3.6 percent.