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BumRushDaShow

(169,490 posts)
10. Okay thanks for clarifying
Fri May 5, 2023, 09:22 AM
May 2023

because my main thing was why the hiring keeps continuing and that contained a significant pump in the tourism/hospitality/leisure!

That industry IS "seasonal" so it's going to bop around - particularly in the colder areas in the CONUS where Memorial Day becomes the "official start of summer" and you get that hiring boost (including when schools let out and students are hired to staff leisure businesses (vending/recreational activities/amusement parks/resorts/pools for clubs and the public, etc.)).

But remember that even though we are back to the same or more "totals" for employment, there's a whole new "sub industry" (my term) of Amazon-like warehouse/distribution outlets that didn't exist to the extent that they do now, before the pandemic. So there was quite the build-up of that during and now as we go post-pandemic. However that might plummet to re-balance to more of a "just-in-time" model as the demand wanes, and they start to soften the "same day" / "next day" deliveries.

I had heard some biz reports the last week or two about the whole housing industry and construction of more rentals. I can't remember exactly what the context was although it may have been in relation to a slight downward trend happening for rental costs because of this.

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So the slowing economy continues to grow and employment increases? NoMoreRepugs May 2023 #1
What I think is happening BumRushDaShow May 2023 #2
That's not true Johnny2X2X May 2023 #6
But it is in what you quoted and has been going for some time BumRushDaShow May 2023 #7
I was responding to this Johnny2X2X May 2023 #8
Okay thanks for clarifying BumRushDaShow May 2023 #10
Agree Johnny2X2X May 2023 #13
Something is slowing - not that that's a bad thing progree May 2023 #11
I think in this case BumRushDaShow May 2023 #14
Well, they say these are seasonally adjusted numbers, but seasonal adjustment isn't a perfect progree May 2023 #17
For some reason BumRushDaShow May 2023 #19
"with more teetering west coast regional banks" progree May 2023 #21
Yup BumRushDaShow May 2023 #23
Big revisions to Feb and March toesonthenose May 2023 #3
Corporations are stockpiling bodies because of the marginal labor they already hired bucolic_frolic May 2023 #4
LINKS to some BLS Data Series Numbers and Graphs progree May 2023 #5
This is all Biden's fault IronLionZion May 2023 #9
And we orangecrush May 2023 #12
And from President Joe Biden BumRushDaShow May 2023 #15
Biden's liberal policies are really destroying so many jobs IronLionZion May 2023 #20
In fact BumRushDaShow May 2023 #22
Well, damn. Nobody wants to work anymore, people say progree May 2023 #16
That's why the RW BumRushDaShow May 2023 #18
I think all these new jobs DENVERPOPS May 2023 #24
Another strong jobs report in April LetMyPeopleVote May 2023 #25
Latest Discussions»Latest Breaking News»Job growth totals 253,000...»Reply #10