June 2016 Jobs Report: Turning South June 3, 2016Posted by geoff in Economics, News.
“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:
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.