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Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time
Quote:When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society.

This slow conversion accelerated drastically in the last few months, and especially in June, when part time jobs exploded higher by 360K while full time jobs dropped by 240K.

In July we are sad to report that America's conversation to a part-time worker society is not "tapering": according to the Household Survey, of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time. The rest were... not.

[Image: 2103%20Full%20Part%20time_0.jpg]
It's the "BILL OF RIGHTS" not the bill of "needs"
Yeah...part time because the taxes and benefits and rules are so difficult on businesses that they cannot afford to hire people full time.
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Quote:WH on new jobs report: ‘…continue to dig our way out.’ They’ve got the ‘digging’ part right, anyway.

Quote:While more work remains to be done, today’s employment report provides further confirmation that the U.S. economy is continuing to recover from the worst downturn since the Great Depression. It is critical that we remain focused on pursuing policies to speed job creation and expand the middle class, as we continue to dig our way out of the deep hole that was caused by the severe recession that began in December 2007.

Continuing to recover? Continue to dig out?

What if we’re just digging?

Here’s the workforce participation rate over the last 20 years.

This number hasn’t improved at all, and that’s what’s holding down the unemployment rate, because these folks are no longer unemployed. (It looks like it’s ticked up this month, but actually it was down a bit in July after rising slightly for a couple of months.)

[Image: Capture2.png]

And this chart plots the employment-population ratio for the same period — that is, the percentage of Americans above age 16 who work for a living:

[Image: Capture1.png]
It's the "BILL OF RIGHTS" not the bill of "needs"
If the same number of jobs were available as in 1/09 the unemployment rate would be 11.4%..

But LOW Info Media and voters....7.4%.......unreal.

Even though 2 days ago the report was unemployment went up in 90% of US cities...

"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
And yet there are over 3 million good full time jobs going unfilled because there are not enough skilled qualified workers.

Its-O-so-confusing. Shrug
Dave, proudly annoying members of since Sep 2012.

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