Monday, December 11, 2017
The Lords of Silicon Valley are supposed to be the drivers of our economy, and they certainly are this era's economic rock stars. But at least for now, according to this week's Non-Farm Payrolls report, the lowly blue-collar folks out in "flyover country" are experiencing a renaissance in jobs that has been a long time coming – up 31,000 jobs for November. Whether one credits Trump or not, the jobs growth is currently quite real in manufacturing – and just for irony, note the decline in the high-tech "Information" category is down 4,000 jobs.