The Briefing Room

General Category => Economy/Business => Topic started by: rangerrebew on January 12, 2017, 01:01:25 pm

Title: U.S. Lost 286,000 Manufacturing Jobs Under Obama—But Gained 3,238,300 in Retail, Food Services and Drinking Places
Post by: rangerrebew on January 12, 2017, 01:01:25 pm

U.S. Lost 286,000 Manufacturing Jobs Under Obama—But Gained 3,238,300 in Retail, Food Services and Drinking Places

(CNSNews.com) - The United States lost 286,000 manufacturing jobs during the time President Barack Obama has been in office, according to data from the Bureau of Labor Statistics.

But, at the same time, the United States gained 3,238,300 jobs in retail, food services and drinking places.

Manufacturing workers, however, had average hourly earnings ($26.37 in December, according to BLS) that was about 94 percent more than those of workers in food services and drinking places ($13.60 in November) and 45 percent more than workers in retail ($18.18 in December).


Source URL: http://www.cnsnews.com/news/article/terence-p-jeffrey/us-lost-286000-manufacturing-jobs-under-obama-gained-3238300-retail