“Over the last six months, of the net job creation, 97 percent of that is part-time work,” said Keith Hall, a senior researcher at George Mason University’s Mercatus Center. “That is really remarkable.”
Hall is no ordinary academic. He ran the Bureau of Labor Statistics, the agency that puts out the monthly jobs report, from 2008 to 2012. Over the past six months, he said, the Household Survey shows 963,000 more people reporting that they were employed, and 936,000 of them reported they’re in part-time jobs.
“That is a really high number for a six-month period,” Hall said. “I’m not sure that has ever happened over six months before.”
<righty>
Employment sucks in this country and all I can do is complain and whine about it. I have no solutions to fixing the problem but I'd rather watch the country fail than to let a party with solutions try and fix the mess.
P.s.
We don't care if you vote for us, we already have the election rigged!
<righty>
Or I could have just quoted the previous posters who pretty much said the same thing.
Wow. That's a surprisingly high number.
I looked to see how many hours per week these part time jobs offered. I didn't see it, maybe I missed it. But I think if low, say 20 hrs per week, this has the chance to make the unemployment numbers misleading. I think there's a big difference between adding 100,000 and adding only 50,000 jobs. But if they're part time jobs offering only 20 hrs that 100k is much more like 50k, and that doesn't take into account the lack of HI and other benefits that part timers get.
Fern
Why doesn't the media pick up on this?
Working two jobs to make ends meet is the American dream!
You could argue this is part of the great wealth redistribution that those on the left wanted to see and its occurring on a global scale. Of course its coming at the expense of 1st world nations.
Working two jobs to make ends meet is the American dream!
A TV isn't a luxury item in 2013.What is 'ends meat'?
More than 80% of the working 'poor' owns luxury items like TVs.
Its all about priorities people. There is no reason the productive members of society should subsidize the lifestyles of anyone.
This idea that people are starving in the streets is laughable.
This appears to be an unintended consequence of Obamacare. I'm sure that Republicans are somehow the blame though!
Working two jobs to make ends meet is the American dream!
Can't find the video clip on CNBC website, but last Friday when jobs report was released, later in day Steve Liesman pointed out that if you use December 2011 (I believe that is month he said, not totally certain), the number of full time jobs created is greater than part time jobs created, and that the ratio of full time jobs to part time jobs is same."Does anyone have a link to data that shows this percentage over time?"
* “Many employers now schedule shifts as short as two or three hours, while historically they may have scheduled eight-hour shifts,” said David Ossip, founder of Dayforce, a producer of scheduling software used by chains like Aéropostale and Pier One Imports.
Some employers even ask workers to come in at the last minute, and the workers risk losing their jobs or being assigned fewer hours in the future if they are unavailable."
http://www.nytimes.com/2012/10/28/b...hift-for-american-workers.html?pagewanted=all
"On one hand, you have companies like TJX—so-called "bricks and mortar" retailers—which in order to do business every day must staff a few thousand stores, and keep them open for 10, 12, or even 24 hours per day. That means greeters, checkers, security, customer service, and stockroom employees, plus bright lighting, catchy displays, and other ordinary features of a quality retail facility. Companies like Amazon have bricks and mortar too, of course, as displayed on the recent junket in Tennessee. But that's about all they have.
Amazon can operate in facilities far off the beaten path, with nothing but wire shelves and cement floors, and they can serve just as many customers from only a fraction of the locations—and a fraction of the manpower—that their competitors require. On just about every front, the company is more efficient than its peers"
http://www.zerohedge.com/news/2013-...ncom-creates-5000-jobs-destroys-25000-process