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| Economy |
| Only 47% Of Adults Have Full-Time Job |
| 2013-07-07 |
| [BREITBART] The release of the June Jobs' Report Friday was something of a relief for the markets. The Labor Department reported that the economy gained 195,000 jobs in June, which beat economists' expectations. The Department also reported that the economy gained 70,000 more jobs in April and May than it originally estimated. The report, however, also provides clear evidence that the the nation is splitting into two; only 47% of Americans have a full-time job and those who don't are finding it increasingly out of reach. Some of those who do have jobs are sucking down the pricey, wine-soaked popcorn, though... Of the 144 million Americans employed last month, only 116 million were working full-time. Friday's report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job. The market's positive reaction to Friday's report is another sign of how far our economic expectations have fallen. If today the same proportion of Americans worked as just a decade ago, there would be almost 9 million more people working. Just in the last year, almost 2 million Americans have left the labor force. With a majority of the population not holding a full-time job, it isn't surprising that economic growth has been so weak. In June, the number of Americans who wanted to work full-time, but were forced into part-time jobs because of the economy, jumped 352,000 to over 8 million. |
| Posted by:Fred |
| #5 Welcome to "Globalism", Socialism, + OWG-NWO. Part-time (PT) andor Less-Than-PT 9LPT) = NEW FULL TIME, + WID COMPLEMENTARY RFID CHIP, ETC. FOR THAT KINDER, GENTLER, "HELLFIRE"-LED DOMESTIC DRONE STRIKE. Year 2015 is only the beginning for America = Amerika under OWG-NWO - prolly safe to say it will take another 2-3 decades for any + all the levels, mechanisms, protocols, + entities, etc. to be firmly = permanently entrenched widout challenge - IOW, THE ECON + WORLD IS GOING TO GET WORSE BEFORE IT GETS "BETTER". Aren't the Amerikan Sheeple, of the OWG Mighty USSA = OWG Weak USRoA Global SSR, happy that their Soon-to-be-Global-not-National, pro-Multi-polarist Fed-State-Local Govts didn't ask them to vote on whetehr they wanted OWG or not??? |
| Posted by: JosephMendiola 2013-07-07 20:00 |
| #4 A friend was bitching about her boss who was cutting everyone back to under 30 hours. Apparently he did the math. Evil capitalist bastard! As the Freakonomics boys keep saying, economics is all about incentives. |
| Posted by: SteveS 2013-07-07 19:41 |
| #3 Obamacare. That's why all the part time. |
| Posted by: OldSpook 2013-07-07 19:29 |
| #2 How many hold two or more part time jobs? |
| Posted by: Redneck Jim 2013-07-07 19:24 |
| #1 Wow that must mean 53% are independently wealthy. |
| Posted by: airandee 2013-07-07 18:01 |