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June 2016 Jobs Report: Turning South June 3, 2016

Posted by geoff in Economics, News.
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“Turning South” is what you might say when your data starts plunging toward zero. And that’s what the last couple of months of jobs data look like:

FullTimeEmpvsCivPopJune2016

Yep, the BLS jobs data wasn’t so hot this time around, with a small increase in total jobs (26K), and a huge surge in part-time jobs (650K). That means full-time jobs shrank quite a bit.

It would be so great to hear our president tout his economic achievements again.

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