U.S. Job Growth Concentrated in Just 3 Sectors as Wages Fall and Prices Rise Under Biden
• U.S. job growth dominated by just 3 sectors - government, education & health services, and leisure & hospitality
• Without those 3 sectors, only 7,000 net jobs added in last 6 months
• Government sector added 338,000 jobs in last 6 months, nearly 30% of job gains
• Education & health services added 556,000 jobs amid $1.8 trillion in federal health subsidies
• Job gains in services far outpaced goods-production; prices up 17.2% under Biden while wages fell 2.1%