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7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
http://slidepdf.com/reader/full/since-2007-14-million-manufacturing-jobs-lost-1 1/6
07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 1/6
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Since 2007: 1.4 Million Manufacturing JobsLost; 1.4 Million Waiter/Bartender JobsGained
Submitted by Tyler Durden on 08/07/2015 10:05 -0400
China new economy Reality recovery
4
Who says America has a jobs problem? As the chart below
shows, the "New Economy" may pay abysmally, but at least it
promises a little to everyone (or to paraphrase a famous phrase
"From each according to his ability, to each according to his
need"). Nowhere is that more obvious than in the chart showing
the monthly change in waiter and bartender jobs.
Here is the bottom line: in the past 65 months, or nearly
five and a half years starting with March 2010, or when
the jobs "recovery" really kicked in, jobs for waiters and
bartenders (aka food service and drinking places) have
declined just once.
This is a statistically abnormal hit rate of nearly 99%, and one
which we assume has everything to do with the BLS' charge of not so much reporting reality as finding loopholes in the
goalseeked model to report that the US keeps adding over
200,000 jobs every month or bust.
Putting this number in context, the US has allegedly added 376K
bartenders in the past year, and 3 million since March 2010.
And here is another, even more disturbing way of showing the
"New Economy" - since December 2014, the US has lost 1.4
million manufacturing workers. These have been replaced
almost one to one, with new waiters and bartenders. Win,
win for everyone, especially the welfare state and of course,
China.
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7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
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07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 2/6
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Average:
Your rating: None Average: 5 (4 votes)
5
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Headbanger
What are the
numbers on booze consumption?
synergize
Hmmm could
that be
because 1
waiter working 2 part-time jobs = 2 employees to theBLS...
realmoney2015
Who has
money to
go to bars and out
to eat? Must be all
those welfare people, because I work and I cannot!
Haus-
TargaryenPeople
paying
with
that plastic money. "If you can afford the monthly
payment you can afford it" kind of nonsense.
saints51
^^^^^^This^^^^^This country would be better off at this point if
credit did not exist.
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Variant Perception
View From The Bridge
Wolf Street
7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
http://slidepdf.com/reader/full/since-2007-14-million-manufacturing-jobs-lost-1 3/6
07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 3/6
Fri,
08/07/2015
- 10:25 |
6401080
Fri,
08/07/2015
- 10:32 |
6401109
Fri,
08/07/2015
- 10:18 |
6401041
Fri,
08/07/2015
- 10:14 |
6401022
Fri,
08/07/2015
- 10:29 |
6401100
Hohum
saints51,
Debt isn't a bug; it's a feature. Without
credit, we'd have to work a lot harder and
learn to conserve. I don't think most
people want that. So be caref ul what you
wish for.
snr-
moment
The work ethic was killed off
long before the jobs went elsewhere.
Unions are for higher wages and job
security. They will still endorse
democrats despite TPP etc.
847328_3527
"You deserve it!"
"Show your neighbors who you are!"
"Buy a XYZ and look like a King!"
"Buy Moar, Save Moar!"
"When you shop, you save!"
"If you call right now ...."
"This deal won't last forever!"
"Don't be priced out of the market."
Chuck
Knoblauch
Retirement money living on borrowed
time.
Your guess
is a...
Retirement
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7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
http://slidepdf.com/reader/full/since-2007-14-million-manufacturing-jobs-lost-1 4/6
07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 4/6
Fri,
08/07/2015
- 10:14 |
6401024
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Fri, 08/07/2015 -
money is SO 20th century. Now all of the cool
kids are planning to live on benefits forever.
Headbanger
Old
farts
making
huge cash for
knowing how to drive manual transmissions andmake calls with rotary phones and use punch
cards.
Heywood
Jahblohmee
IN the land where Automobiles were
invented the automatic transmission are
optional and few people order them.
People here still like to drive their cars.
(Germany)
Mr Pink
Soooo......is it
since 2007 or
2014?
Agent P
Bring me a
sandwich and a whiskey neat.
Peak Finance
I even think these
numbers are faked. I really don't think that many
new restruants and bars have been opened. Even in
tourist spots like South Florida, Lee county beaches, Broward
Area, etc, dosen't seem like there are a lot of new places AT
ALL.
I think everytime I give my friend a beer they are countingme as a bartender for the month to get these numbers.
astoriajoe
In hindsight,
Obama's Beer Summit early in his first term should
have given us a clue on where things were headed.
youngman
and all those
waiters and bartenders do not pay taxes on their
tips...they do not report all of them by a bigmargin....and many live on the dole too...its a scam life and
they are good at it....they see all the cash and want part of
it...
nosam
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7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
http://slidepdf.com/reader/full/since-2007-14-million-manufacturing-jobs-lost-1 5/6
07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 5/6
10:15 | 6401033
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Fri, 08/07/2015 -
Is it possible that
the number of jobs
have increased but the number of hours per job has
decreased? To sidestep Obamacare?
JustObserving
The American
Dream - you have to be asleep to see it.
GotNuttin'todo
0 0
O
That's my surprised face!
Heywood Jahblohmee
Hey people need to
eat and get shitfaced also. More bartenders.
Dr. Engali
Finally! A post I
can drink to!
Chuck Knoblauch
Trump will
negotiate better trade deals.
Mike Masr
These are all thegreat jobs Obama takes credit for. That's the change
we can all believe in!
JailBanksters
And the biggest
income of Bartenders and Waiters is black money,
tips. The amount of money collected is nowhere near
the amount reported for tax. So the Government is once
again going to have to borrow an insane amount of money to
pay for the 1 in 7 people that now work for the US
Government.
snr-moment
Meh. Nothing the
TPP won't fix!!
all-priced-in
Make me - no
change that to - Manufacture me a sandwich and a
Scotch and water -
Just reclassify these jobs as manufacturing - problem
solved.
Sudden Debt
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7/18/2019 Since 2007_ 1.4 Million Manufacturing Jobs Lost; 1
http://slidepdf.com/reader/full/since-2007-14-million-manufacturing-jobs-lost-1 6/6
07/08/2015 Since 2007: 1.4 Million Manufacturing Jobs Lost; 1.4 Million Waiter/Bartender Jobs Gained | Zero Hedge
http://www.zerohedge.com/news/2015-08-07/holy-grail-americas-new-economy-waiter-bartender-jobs-have-increased-64-past-65-mont 6/6
10:30 | 6401102
Fri, 08/07/2015 -
10:31 | 6401106
AND I STILL
NEED TO WAIT
20 MINUTES BEFORE THEY BRING ME MY
FUCKING BEER!!
NOW YOU SEE WHY I'M UPSET??!!!
B2u
Good! I need
someone to serve me at the bar when I use my SNAPcard.
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