If you have ever wondered what’s the best business to be in for wages and growth, there’s no contest. It’s doctors’ offices. This includes not just the doctors, but the office staff, including nurses, medical secretaries, medical assistants, and receptionists. That little tidbit came out of a deep look I took at BLS data on job growth, current wages, and the growth of real wages during the economic “recovery” since 2009 until last month.
Dear Mr. President- How Many Jobs Will Building a Wall Create? Part 1
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.