The "Stealth" Cooling: 92,000 jobs lost in February. While…
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The "Stealth" Cooling: 92,000 jobs lost in February.
While headline numbers often get smoothed out, the industry-level data shows a sharp divergence. Information/Tech is continuing its downward trend (-11k), and Health Care saw a rare drop due to labor actions. If Social Assistance hadn't added 9k jobs, the overall picture would look significantly more recessionary. Is the market pricing in this sector-by-sector bifurcation yet?
https://www.wfhalert.com/p/employment-change-by-industry
#business
While headline numbers often get smoothed out, the industry-level data shows a sharp divergence. Information/Tech is continuing its downward trend (-11k), and Health Care saw a rare drop due to labor actions. If Social Assistance hadn't added 9k jobs, the overall picture would look significantly more recessionary. Is the market pricing in this sector-by-sector bifurcation yet?
https://www.wfhalert.com/p/employment-change-by-industry
#business
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