LogFAQs > #931186649

Hanky_Bannister posted...

again: seasonal work

Economists predicted 187K jobs, they got 266k jobs. Presumably their predictions included seasonal work. And the actual analysis shows the jobs aren't all seasonal. You just have to read.

https://www.cnbc.com/2019/12/06/us-nonfarm-payrolls-november-2019.html

However, the job gains were spread among a multitude of sectors. Health care added 45,000 positions after contributing just 12,000 in October.
Leisure and hospitality increased by 45,000 and professional and business services rose by 31,000; the two sectors respectively are up 219,000 and 278,000 over the past 12 months. Wage gains also were a touch better than expectations.
Average hourly earnings rose by 3.1% from a year ago, while the average workweek held steady at 34.4 hours.

In fact, seasonal hiring itself was actually DOWN compared to past years:

The news was not all good. As the holiday shopping season accelerated, retail companies added just 2,000 net hires as gains in general merchandise of 22,000 and motor vehicle and parts dealers of 8,000 were offset by an 18,000 loss in clothing and clothing accessories.

So these are real jobs numbers, not Christmas retail hires.

---

"History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz