20081219 avail jobs (4 of 16) (Photo credit: Wikipedia)
Note: Yes, you read that correctly, when you see all the hype of 186,000 people got jobs last month, on average 77% of that number – where part-time hirees. Only Obama could get away with the scam of scam. Real unemployment is about 25%!
While many economists have described the employment picture as gradually
improving in recent months, by one measure it's not improving at all.
In July, only 92,000 of the 266,000 jobs created were full-time — just 35 percent of the total.
You may wonder why the total number of jobs created isn't 162,000, the
number commonly used by news services. That number is calculated from
the Labor Department's establishment survey of employers. The 266,000 is
calculated from the department's household survey.
For the year through July, only 222,000 jobs created were
full-time — representing just 23 percent of the total of 953,000,
according to Zero Hedge.
20081219 avail jobs (4 of 16) (Photo credit: Wikipedia)
Note: Yes, you read that correctly, when you see all the hype of 186,000 people got jobs last month, on average 77% of that number – where part-time hirees. Only Obama could get away with the scam of scam. Real unemployment is about 25%!
While many economists have described the employment picture as gradually
improving in recent months, by one measure it's not improving at all.
In July, only 92,000 of the 266,000 jobs created were full-time — just 35 percent of the total.
You may wonder why the total number of jobs created isn't 162,000, the
number commonly used by news services. That number is calculated from
the Labor Department's establishment survey of employers. The 266,000 is
calculated from the department's household survey.
For the year through July, only 222,000 jobs created were
full-time — representing just 23 percent of the total of 953,000,
according to Zero Hedge.