Another Month, A Little More Employment August 7, 2015Posted by geoff in News.
The BLS just came out with the Employment Situation Report for the month of July. I don’t pay much attention to the Establishment Survey, because the BLS tweaks those quite a bit, and doesn’t distinguish between full- and part-time work. So as usual, I rely on the Household Survey, which gives us the now-standard chart of full-time employment over civilian non-institutional population:
Not too bad, but that little uptick this month is due mostly to male teens finding jobs. It does appear that the recovery pace for the past two years has been quite a bit faster than the years before, so it will only take us 4 or 5 years to get to where we were before the recession hit.
Unless we have another recession by then.