Good, bad, and ugly jobs report
The top-line numbers of the jobs report released Tuesday are mixed. The 64,000 jobs added in November beat the 40,000 expected, but they came on the heels of a net loss of 105,000 jobs in October, which were due to scheduled buyouts of 162,000 federal government workers that month. The unemployment rate also inched up to 4.6% last month, demonstrating that this is not a completely healthy economy.
Beneath the top-line numbers, however, is a more chaotic picture of short-term pain, but perhaps long-term gain. After a decade of growth, both the federal and the foreign-born workforces are shrinking. This is not a bug but a feature of President Donald Trump’s policies. So is the fact that the private sector and native-born workforce are thriving.
More than 270,000 jobs have been shed by the federal government since January, leading to a workforce that is now smaller than it has been since 2014. We want the federal........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Waka Ikeda
Mark Travers Ph.d
John Nosta
Daniel Orenstein