Recessions Start With Factories---And Hiring Is Heading South

Recent weakness in U.S. factory hiring may be more than a blip.... a Glassdoor report released Tuesday shows postings for factory positions fell 8.6 percent in April from a year earlier, compared with a 0.4 percent decline across all industries.

U.S. manufacturers shed jobs for first time since July 2017

 

 

 

 

https://www.bloomberg.com/news/articles/2019-04-30/factory-hiring-may-falter-again-in-april-glassdoor-data-signal?utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business

 

 

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.