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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Hope Praytochange who wrote (2260)12/10/2003 10:55:30 AM
From: Oeconomicus  Read Replies (2) | Respond to of 90947
 
Since the beginning of August, the restaurant business, which includes everything from McDonald's to corner bars to four-star restaurants, has accounted for 18 percent of the 300,000 jobs created in the nation.

Lest Dizzie take this as "proof" of her contention that "desk jobs" are fast disappearing, leaving everyone - not just her friends, mind you, but everyone - with an MBA or computer science degree to work and beg for tips, let's look at a few facts.

Since the beginning of August, 328,000 jobs have been created (I like the rounding down, but actually printing the five zeros that result from rounding, BTW).

Restaurants and bars accounted for 66,500 of those, or 20% (how she got 18%, we'll never know).

But professional and business services added 90,000 over that same period (27% of the total) and education and health services added 173,000 (53%). Heck, education alone added 68,500 jobs, 2k more than restaurants and bars.

Those two sectors, which accounted for 80% of job growth, pay on average about twice what the hospitality sector pays and both are above the average for all private wage earners.

Just to set the record straight.

Bob