Initial Jobless Claims dropped once again, back near 43 year lows this week (-4 to 254k) as Continuing Claims picked up 11k to 2.018 million. As the following two charts show, this is all very humorous…
The jobs aren’t coming from the manufacturing side…
And neither is the services side of the economy going gangbusters…
So just where are all these jobs coming from? Amazon drone drivers? $15 Starbucks gourmet coffee makers?