Private payrolls added jobs in December, but most of the gains came from service industries. White-collar sectors like professional and business services actually lost jobs, which weakens the outlook beneath the headline. This is why the labor market feels different than the numbers suggest.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate