>> two-thirds of April’s new jobs were generated in lower-wage services industries Um, yeah, no shit. That's one of the segments this administration wants to h

>> two-thirds of April’s new jobs were generated in lower-wage services industries Um, yeah, no shit. That's one of the segments this administration wants to help and create job market competition for: small businesses, low income people, folks who were SOL under previous administrations and voted for this one. Nearly every major economic initiative by this administration is targeted at tightening supply on the lower end of the job market: from stimulating manufacturing jobs, to China trade war, to NAFTA, to strengthening the border, and cutting off the flow of illegal low-wage labor. Reduction in unemployment means less supply, less supply coupled with higher demand means labor can command higher prices. This is economics 101.