"US manufacturing employment🚨is plummeting:

US MFG payrolls dropped -18K in Nov, the 2nd-largest decline since Oct 2023.

Also marks the🚨5th monthly decrease this year.

MFG employment has now fallen in 25 of the last 35 months.

Meanwhile, the ISM MFG Employment Index fell to 44.0 pts in Nov, posting its 10th consec monthly contraction.

This has historically been a leading indicator for US MFG #jobs,🚨suggesting further declines ahead."
-Kobeissi L
#Economy #Tariffs #Protest #Recession #USPol