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Your Unfortunate July 2015 BLS Employment Situation Report July 2, 2015

Posted by geoff in News.

By my analysis, all the supposed employment gains were due to part-timers. Kind of a sad little Employment Situation report:



1. geoff - July 4, 2015

The AP chimes in, noting the tepid growth, but suggesting that we just suck it up:blockquote>Even after another month of strong hiring in June and a sinking unemployment rate, the U.S. job market just isn’t what it used to be.

Pay is sluggish. Many part-timers can’t find full-time work. And a diminished share of Americans either have a job or are looking for one.

Yet in the face of global and demographic shifts, this may be what a nearly healthy U.S. job market now looks like.If you replace “a nearly healthy” with “an Obama,” then I totally agree with them.

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