America Suffers Net-Loss In Private Sector Jobs, First In 7 Years

    For the first time in 7 years  the United States has a net jobs-loss.  In Quarter 3 of 2017.  The U.S. lost 140,000 private sector jobs.

via the Bureau of Labor Statistics:

From June 2017 to September 2017, gross job losses from closing and contracting private-sector
establishments were 7.4 million, an increase of 268,000 jobs lost from the previous quarter, the U.S.
Bureau of Labor Statistics reported today.

Over this period, gross job gains from opening and expanding
private-sector establishments were 7.3 million, a decrease of 348,000 jobs gained over the quarter.