Professional & business services jobs a good sign
The market is no longer interested in how many US jobs are created. The market wants to know about wages. That's why this is a such a great chart.
This show which industries jobs were created in and how much those industries pay.
The only big bubble above the median pay line is 'professional and business services' where 35K jobs were created. Average earnings in that category are $31.51/hour.
The largest bubble represents 45K jobs in the 'education and health services' category. More ominously, 36K low paying jobs were created in 'leisure and hospitality' while 8K were created in retail trade.
