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Where The Job Gains Were: 319,000 "Part-Time Jobs For Economic Reasons" Added
On the surface, the December jobs number was better than expected, adding a 211,000 jobs at least according to the Establishment survey. However, a less pretty picture emerges when looking at the Household survey, and specifically the composition of full-time vs part-time workers.
This is what the BLS said about the composition of job additions from the Household Survey:
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 319,000 to 6.1 million in November, following declines in September and October.
For those unfamiliar, this is a category of workers that includes "individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job."
As such this includes far more than merely workers hired on a temporary basis by retailers to fill seasonal worker needs.
Furthermore, this 319K increase in part-timers for economic reasons more than accounts for the total increase in employed workers according to the Household survey, which rose by 244K to 149,364,000.
Charted, it shows that the November jump was the highest since September 2012.
Elsewhere, according to the Establishment survey, the breakdown in job additions in November was as follows: in the front inexplicably we had construction workers, which paradoxically comes at a time when recent US housing data has taken a turn for the worse as reported previously. It is follwed by the traditional low paying jobs of education and health, professional services, leisure and hospitality, and retailers. High paying jobs such as manufacturing, mining and logging and information all saw a decline in the month.
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Temp jobs for holidays. January's gonna' be harsh.
Obamacare related part time jobs. Only to get worse
Can we have some more fraudcake?
The gov-scum must be big into Star Wars: The Farce Awakens
Well maybe people are working part-time because they want to spend more time relaxing and pursuing other interests. Working less isn't always a bad thing, but of course up-tight protestant right wingers always want us to work harder and refrain from any kind of fun or relaxation. Everyone is happy in America except lame right-wing white males. NEWSFLASH - you're fast becoming a minority in our liberal multicultural democracy, so you can either embrace the new America or go back to the stone age! Just accept that America is better now ok? Today's jobs number is further proof of that - how much more proof do you need that our economy is booming?
You had me until 'NEWSFLASH' - then you lost me.
+1,-1
So zero, I guess.
"Well maybe people are working part-time because they want to spend more time relaxing and pursuing other interests."
I guess you can do that when you get food stamps, housing subsidies, utility subsidies, obamacare, and an obama phone. You are so fucking clueless that words almost escape me. You're handle really should "JustGettingBy".
Stupid troll. News flash! : Troll alert. Calls 319,000 new "part time" jobs a booming economy.
LOL love those posts MDB. The sad thing is I know actual hardcore liberals that actually say these things. I don't think they actually believe it, but they try hard to back their dear leader Obummer dictatorship. But you are spot on with their rhetoric, well done.
One point you should add in though, which is key to towing the line "look at the market, it wouldn't be at all time highs if everything wasn't great"
This is a very poor effort at trolling. You should be ashamed of yourself. The real MDB must be rolling in his grave right about now.
Had to junk ya.
FUCKING BRILLIANT!
MDB_'s satire is legendary here. When I first got here years ago, I thought he was real. As in those views were his actual beliefs.
Don't get too worked up downvoters, he's the master of satire. So skillfully and subtely done it's almost unrecognizable as such.
Party on MDB_, party on!
Deluded and bitter. Bad combination.
A climate change summit will rebuke that.
#UnderemployedLivesMatter
"BLS said about the composition of job additions from the Household Survey"
so someone answers a phone? - unsolicited - and the party tells them they are working at a job and for how many hours and whether it is one hour or 40 they are counted as a "job"?
why would someone do this?
comments drive data collection not hard facts - seems like an open ended opportunity for a scam
" I did not have sexual relatiosn with that woman. "
Due to the quality of the jobs taken, I see this as tide in, tide out. Nothing's permanent. Some people that haven't worked in a while, maybe taking some crap jobs they don't intend to keep, so they have a little cash for presents over the holidays, or just to buy some stuff that's on sale for themselves. How can the Fed seriously take into account seasonal job swings to decide something as important as a rate hike? It just goes to show the desperation level to keep the Ponzi up and running.
lipstick on a pig courtesy of the BLS
Bullish on moar
Is the BLS a subdivision of the Liars Club or the other way around?
We live in a green screen world where nothing is real, but for the rising radiation everywhere.
Liftoff! Boner time!
LOL!
+1 for the username.
Part time gigs, temporary assignments and dead end jobs. 4 trillion dollars printed out of thin air and all young Americans got was a lousy “McJob Economy” t-shirt.
Working is for suckers! Just ask my millionaire best friend’s kid. She goes camping every weekend in the summer and buys the best steaks with her EBT. When she goes out to eat she treats the wait staff like garbage because she’s entitled to act anyway she wants. If the waiters weren’t such morons they wouldn’t be working to support her and her ilk.