MANUFACTURING EMPLOYMENT RECOVERY?
MANUFACTURING EMPLOYMENT –Recovering? Maybe, but how rapidly? The WSJ reports. This post is especially for my good friend, Nancy, whom I know as a thinking person who has much knowledge and always seeks more. She reads The Wall Street Journal daily, as I do. The WSJ has been our most reliable source for objective reporting of data and factual information, as well as analysis to assist readers understand the real essence of reports. A WSJ front page article yesterday, May 29,2012, begs scrutiny, not for facts, but for lack of informative analysis.....and perhaps a bit of false allusion. Some readers will make their own analysis, others legitimately will simply accept WSJ's write. The front page headline “Flat U.S. Wages Help Fuel Rebound in Manufacturing” is followed by a lead line, “The celebrated revival of U.S. of manufacturing employment has been accompanied by a less lauded fact: Wages .... aren't keeping up with inflation.” Fair enough! Take it at face value as...