That’s a wrap. December’s jobs report is the last for the Obama administration, and it ends on a high (if also predictable) note: The U.S. economy added 156,000 jobs in December, and the unemployment rate changed little at 4.7 percent. The number of jobs added in October and November were revised down 7,000 and up 26,000 […]
Tag: Making Sen$e
Globalization Has Hurt The American Laborer
The states that put Donald Trump over the top to win the presidential election were all hit incredibly hard by global competition in manufacturing. From 2000 to 2010, following China’s admission to the World Trade Organization, Ohio lost 368,000 manufacturing jobs, North Carolina lost 360,000 manufacturing jobs, Michigan lost 340,000, and Pennsylvania lost 314,000. While […]