Nonsequitur: Part-Time Jobs Up, Full-Time Jobs Down

July 7, 2014

Despite the decrease in the overall unemployment rate and 288,000 jobs added in June, the U.S. job market is not really healthy. Buried in the data in last week’s Jobs report is the fact that we lost 523,000 full-time jobs in June. The net increase in jobs comes from 799,000 part-time jobs added. Part-time employment is better than no employment, but it is not a substitute for full-time, living wage jobs. (You can check my math here. The relevant numbers are listed under “Full- or Part-Time Status.”)

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One Response to “Nonsequitur: Part-Time Jobs Up, Full-Time Jobs Down”

  1. […] Trillion in debt. An economy based on part-time and/or low paying jobs in the service sector. Higher healthcare costs for most patients. Islamist […]

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