97% of all job creation in 2013 has been part-time.

[Attic]

It's ~75% of the 963k jobs created in 2013 that are parttime.

It's being reported, but not discussed that much. IIRC part time is <30 hrs a week.

The jobs being created are largely low wage part time. Doesn't have to and shouldn't be Obamas fault, simply acknowledging it is much easier if partisan explanations don't take over.

 

[Hayabusa Rider]

This appears to be unfounded speculation from the Mercatus Center. There's a reason why you should take statements of people from ultra-right think tanks with a grain of salt.

http://www.factcheck.org/2013/08/obamacare-by-the-numbers/

Yep. Job losses/cutbacks would come later

 

[ivwshane]

It's ~75% of the 963k jobs created in 2013 that are parttime.

It's being reported, but not discussed that much. IIRC part time is <30 hrs a week.

The jobs being created are largely low wage part time. Doesn't have to and shouldn't be Obamas fault, simply acknowledging it is much easier if partisan explanations don't take over.

Since we are trying to be non partisan about it; shouldn't the greatest area of job growth be in part time employment? After all what segment of the population lost the most jobs?

I don't know that answer but it could be an explanation.

 

[mshan]

New York Time article on part time jobs says it provides greater flexibility to corporations to ramp up and ramp down operations to demand quickly (basically like Dell just in time computer production), plus they might not have to pay benefits or retirement plan.

Corporations probably love Obamacare as bogeyman for something they wanted to do anyways...


Automakers have experienced full recovery and are hiring to meet demand beyond current capacity (though they are still wary to build new plants and add to existing capacity). http://www.detroitnews.com/article/20130610/BIZ/306100093

Housing is still in very early innings of possibly 5 - 10 year recovery and will be needed to do much of heavy lifting, in terms of job creation, going forward (Ivy Zelmnan at 1 minute mark: http://video.cnbc.com/gallery/?video=3000152733)

Retailers and restaurants and ramping up and down to demand in a just in time process, so ramp in part time workers makes sense (plus lots of college students looking for summer jobs).


If you truly want to make significant inroads into re-employing those who lost their job during recession, we really need a government sponsored infra-structure stimulus program. Corporations don't see enough definitive increases in aggregate demand to start hiring aggressively (another tax cut will probably just go to more stock buybacks and dividend payouts), so it would really fall upon government to provide spark that propels demand into higher gear where corporations see demand that they can't ignore unless they don't like more profit.

Whether government stimulus program ends up being a wasteful giveaway, or prudent investment in increasing competitiveness of America globally going forward (especially when we can borrow so cheaping in bond market), would obviously depend up how wisely those dollars are actually spent.

 

[BoberFett]

A TV isn't a luxury item in 2013.

D:

 

[buckshot24]

<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.

Of course we have solutions. Get the fuck out of the way. Don't put extra burdens on employers and expect there to be no consequences. The best thing we can do for the job market is to repeal Obamacare.

 

[mshan]

Comprehensive corporate tax reform (lower rate and broadening the base), in exchange for thoughtful government sponsored infra-structure stimulus program to improve competitiveness of USA globally in future is obvious, though politically unachievable, answer.

Obamacare, at it's core, has to decrease the rate of inflation in health care costs so that it ultimately doesn't devour our economy and cripple our corporations against competitors in other countries where they get more bang for their health care dollar.

 

[berzerker60]

Seriously, the "you're not poor if you have a TV/refrigerator/shoes!!" line is so ridiculous. For one thing, you can get any of those second-hand off craigslist for $20 or even free if you time it right. Second, conversely, those things don't sell for any great amount second-hand, yet everyone still needs some entertainment to stay sane. Over-the-air TV is like a <$50 investment for unlimited entertainment. Third, you don't know the person's backstory, people fall on hard times and selling the decent car for a clunker might not be the efficient move compared to running the decent car into the ground (transaction costs, unknowns need for repairs on the clunker, repairs on things on the nicer car like dents that don't matter unless you're selling, might have been leased before losing employment and have no resale value, etc.). That 'expensive' handbag might be a $10 knock-off. Your cousin might have just been spreading urban legends about the welfare queens Oranjello and Lemanjello buying lobster at the store.

 

[Attic]

Since we are trying to be non partisan about it; shouldn't the greatest area of job growth be in part time employment? After all what segment of the population lost the most jobs?

I don't know that answer but it could be an explanation.

I don't have a link handy, but my understanding is that full time jobs were the bulk of what was lost in the Great Recession. Specifically bread winner jobs, $50k a year or more.

Possible explanations as to why they arent being replaced at desired rate are cheap capital, obamacare, and worker efficiency demands/expectations.

Cheap capital, courtesy of low interest rates, has let big corps automate job functions for less than it would cost to hire full time plus benefits workers. Obamacare makes hiring full time a concern for some businesses. Worker efficiency as it relates to temp hires filling in where needed, expecting workers to be more productive and available even on part time basis. And generally the idea that business has figured out they could demand more from bare boned work force given the layoffs they made during the recession.

I think it's a combo of these and other factors.

 

[Patranus]

A TV isn't a luxury item in 2013.

And that mentality is everything that is wrong with society.
Let me guess a computer and internet in a home are 'necessities of life' as well
:rollseyes:

 

[ivwshane]

Of course we have solutions. Get the fuck out of the way. Don't put extra burdens on employers and expect there to be no consequences. The best thing we can do for the job market is to repeal Obamacare.

Yes because the problems we face only started once obamacare was passed.

Yes, you should get the fuck out of the way, the people voted for a democrat president, they voted to keep a democrat senate and more people voted for house democrats than house republicans.

I'd love to see some solutions though, preferably those that haven't been put in place for the last 30 years. Do you have any? Or will you just continue to parrot the party line like the mindless sheep you are?

 

[ivwshane]

I don't have a link handy, but my understanding is that full time jobs were the bulk of what was lost in the Great Recession. Specifically bread winner jobs, $50k a year or more.

Possible explanations as to why they arent being replaced at desired rate are cheap capital, obamacare, and worker efficiency demands/expectations.

Cheap capital, courtesy of low interest rates, has let big corps automate job functions for less than it would cost to hire full time plus benefits workers. Obamacare makes hiring full time a concern for some businesses. Worker efficiency as it relates to temp hires filling in where needed, expecting workers to be more productive and available even on part time basis. And generally the idea that business has figured out they could demand more from bare boned work force given the layoffs they made during the recession.

I think it's a combo of these and other factors.

Sounds like a ripe time for a workers revolt. Harder work, less pay, and more profits. Too bad we are a nation of idiots (well too bad for us, the government and corporations love a stupid populace).

 

[buckshot24]

Yes because the problems we face only started once obamacare was passed.

Nobody is saying that. But, since it is the easiest fix we should start there.

Yes, you should get the fuck out of the way, the people voted for a democrat president, they voted to keep a democrat senate and more people voted for house democrats than house republicans.

That doesn't change the fact that Obamacare is causing a problem as far as part time employees is concerned. Unless you are for part time employee growth that is.

I'd love to see some solutions though, preferably those that haven't been put in place for the last 30 years. Do you have any? Or will you just continue to parrot the party line like the mindless sheep you are?

No my solutions have not been in place for 30 years.

So, the first thing I would propose is the repeal of Obamacare. That will help employment immediately.

What are your solutions?

 

[buckshot24]

Too bad we are a nation of idiots..

Which have been apparent the last two presidential elections.

 

[mshan]

"Mexico's Allure

For manufacturers, much of the appeal is lower labor costs, says Gordon Hanson, director of the Center on Emerging and Pacific Economies and economics professor at the University of California, San Diego. (More:How Mexico's Oil Industry May Benefit US Investors)

&#8220;Until very recently, China had been cheaper, more flexible and more accommodating to industry, but wages in China are rising at a remarkable clip, putting cost pressure on manufacturers,&#8221; he said. &#8220;Mexico didn&#8217;t start to win the battle against China until we started the recovery from the recent recession.&#8221;

Indeed, the average salary for Mexican workers was $2.10 per hour in 2011, up 19 percent from $1.72 in 2001, according to HSBC.

By comparison, the average wage in China swelled nearly four-fold during those years to $1.63 per hour in 2011 from 35 cents per hour in 2001. Thus, the difference between labor costs in Mexico and China is now just pennies per hour."


http://www.cnbc.com/id/49007307

Some old school manufacturing jobs are gone, and unless one consider's $2/hr a competitive wage, America has got to create a different type of more highly skilled, non-commodity type job to replace those middle class jobs that have been lost over decades:

 

[JulesMaximus]

1099 and temporary employees are the wave of the future. It's a win/win for corporate greed... er I mean profits.

I've worked for companies that had temps working there for almost 2 years full time before hiring them on.

 

[JulesMaximus]

Nobody is saying that. But, since it is the easiest fix we should start there.

That doesn't change the fact that Obamacare is causing a problem as far as part time employees is concerned. Unless you are for part time employee growth that is.

No my solutions have not been in place for 30 years.

So, the first thing I would propose is the repeal of Obamacare. That will help employment immediately.

What are your solutions?

That is such a crock of shit it's not even amusing. Got any facts to back up that line of bullshit?

 

[BoberFett]

The third world wants a part of what we have. You cannot change that. Equilibrium will be reached. The wealthy will be insulated from reality, as they always are, but you can't change that. This planet cannot support 7 billion people living the American lifestyle.

 

[buckshot24]

That is such a crock of shit it's not even amusing. Got any facts to back up that line of bullshit?

If you're fine with part time jobs then please continue to support Obamacare.

 

[spacejamz]

That is such a crock of shit it's not even amusing. Got any facts to back up that line of bullshit?

Employers are trimming their staff so that their workers work less 29 hours a week and small companies are ensuring their headcounts are below 50 - both of these are due to obamacare...

Add the uncertainty of what new taxes obama will place on businesses (because they didn't build that) and you have the business climate that is in a 'wait and see' mode to see what effects Obama's policies will have on them instead of these companies investing money to promote their growth.

 

[Jhhnn]

Employers are trimming their staff so that their workers work less 29 hours a week and small companies are ensuring their headcounts are below 50 - both of these are due to obamacare...

Add the uncertainty of what new taxes obama will place on businesses (because they didn't build that) and you have the business climate that is in a 'wait and see' mode to see what effects Obama's policies will have on them instead of these companies investing money to promote their growth.

Source?

 

[Zorkorist]

Government spending, 17 Trillion Dollars in debt, may be part of the problem.

A normal economy, can match buyers with sellers. Supply and demand.

Once Government gets involved, skimming off the top, with the force of the police and army behind it, there is little hope for the average citizen.

-John

 

[Zorkorist]

Then come lawyers, and insurance companies. They are sucking up all the little tidbits that Government leaves.

You want to run a swimming pool? Pay the Insurance company.

Pay the Lawyers.

Anything left, pay a life guard minimum wage; for your dream of running the best swimming pool ever.

-John

 

[Zorkorist]

It's OUTRAGEOUS that Government is stealing from the normal American, and requiring them to pay insurance companies and lawyers. While Government itself is 17 Trillion dollars in debt.

OUT-FUCKING-RAGEOUS

-John

 

[ivwshane]

Source?

His ass. However that still doesn't explain the trend which has been going on for decades BEFORE obamacare was passed.


People are idiots and propaganda works, as evidence by quite a few posts here in this thread.

This paper talks about the trend of an involuntary part time job growth.

This is from 1991.
http://www.bls.gov/OPUB/MLR/1991/03/art2full.pdf