The 83-month-long streak of payroll employment gains appears to have been broken in September. There is one aspect to the payroll report that is especially unnerving. A single sector — food services and drinking places — accounted for all the job losses and then some, with payrolls declining by an estimated 104,700 (0.9 percent) in just one month. What happened?
– The Washington Post
The Republican Party has largely abandoned its platform of fiscal restraint, pivoting sharply in a way that could add trillions of dollars in federal debt over the next decade. GOP lawmakers are charging forward next week with plans to cut taxes on top of an effort to significantly increase military spending.
– Fox Business
Costco has been slow to embrace online shopping as its members tend to spend more when they visit its cavernous stores. Fox Business Insiders looks at why the company is expanding its home delivery services as food becomes an increasingly competitive front in the e-commerce battle.
Public-sector unions are already preparing for a potential exodus of members and a loss of revenue. Can they survive without charging mandatory fees? Governing explores here.