Don’t be fooled by the everything’s- coming-up-roses coverage that
the national media gave the Obama administration’s job numbers last
week.
The news headlines said the Obama economy created 321,000 jobs last
month, according to the U.S. Bureau of Labor Statistics. But a closer
examination of the other numbers, buried in the BLS report, tells a far
sadder story.
A large share of the non-farm employment figures were low-paying, part-time jobs among Americans whom the BLS refers to as “involuntary part-time workers.” They’re people “who would have preferred full-time employment” but were “working part time because their hours had been cut back or because they were unable to find a good full-time job,” the government said.
http://humanevents.com/2014/12/10/news-headlines-ignore-reality-behind-jobs-numbers/
A large share of the non-farm employment figures were low-paying, part-time jobs among Americans whom the BLS refers to as “involuntary part-time workers.” They’re people “who would have preferred full-time employment” but were “working part time because their hours had been cut back or because they were unable to find a good full-time job,” the government said.
http://humanevents.com/2014/12/10/news-headlines-ignore-reality-behind-jobs-numbers/
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