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Donald Trump is bragging today that “Manufacturing openings, hires rise to highest levels of the recovery.” Well of course they have. As long the economy keeps expanding, openings will set a new record every month, more or less. Like so:
If you want to know how manufacturing is really doing, you want to look at it as a percentage of all job openings. Here you go:
Meh. Manufacturing job openings have been declining since 2012, but have shown a small uptick since the start of 2016. Nothing to get excited about, though.
I know, I know: who cares? Well, what can I tell you? I’m just trying to take my mind off the whole, incredible Comey thing. It’s mind boggling. Maybe today is a good day to start sniffing glue.
