Sunday, September 9, 2012

The Biggest Shock From This Friday's Payroll Report (Sorry Men)


Tyler, you missed the WHY, that is so unlike you. Even the "Fight club kids" missed it. I'm shocked lol.
The WHY, is because the traditional male job in manufacturing has been outsourced, and what wasn't outsourced was replaced by the technically use of robotics. Which happens to be a very trending thing and will soon be used to replace those in the Health care profession.
Women tend to work in "Service provided" areas. Cashiers,grocery clerks, waitress etc..., There isn't much left out there these days, proven by the segmenting of the class categorizing that each of those still working males, fall within that 69%. Private, government, and military segmentation would work to color that picture a whole lot more.
It would be interesting to see that very same breakdown concerning women to.
Combined on a Pie chart would even be better


By now much has been written about the joke that was the collapse in the labor force participation rate. Perhaps too much, especially for a topic which as we predicted back in early 2011, would be the primary fudge factor allowing mainstream media headlines to blast America's economic renaissance. Remember: it is all about "confidence." Little, however, has been said about the constituents of this dramatic plunge to a 31 year low, namely the simplest distinction: that between genders. As the chart below shows, when one spreads the labor force by sex, the Friday data is particularly sad for one class of workers: Men. Because as the seasonally adjusted data shows, the labor force participation rate for men just printed at 69.8%. It has never been lower.