Joe Weisenthal and Kamelia Angelova of Business Insider
Yesterday’s jobs report was wildly depressing on many levels. But we did manage to find one tiny bit of good news.
Jobs in FIRE (finance, insurance, real estate) actually ticked up a little sequentially. That’s real, real jobs gained.
Below we’ve plotted the changing levels of employment for goods producing areas and FIRE, and in the sub-box, we’ve blown up the last three months. It makes it very clear that while people in the “real economy” continue to suffer, FIRE is on the mend.
