Household employment surged by 562,000, signaling that tariff policies are boosting manufacturing and construction.
Household Employment rises 562,000; Establishment Employment rises 162,000. The job openings trend indicates that tariff policies are having the desired effect, with decent rises in Construction, Manufacturing, and even Retail, where we have signs of decent insider buying. Government employment has stalled, which, on a relative basis, is also in line with current policy.
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