America Will Soon Have More Waiters And Bartenders Than Manufacturing Workers

``the key thing the Fed head is watching is any changes in wages to determine where benign wage inflation is headed. Well, as the chart below shows, it is headed exactly nowhere, because 6 years after the recovery, wages simply refuse to rise... In brief: well-paying jobs lower, low-paying jobs much higher.'' -- Note also The Strangest Number In Today's Jobs Report (perhaps the surge in hiring IS food service people in the 16-24 age range... if the bump is even real...). See also Job Cuts Surge 68%, Most In 3 Years; Worst October Since 2009.