Saturday, July 06, 2013

June Jobs: An Employment Report Only a Central Banker Could Love

June Jobs: An Employment Report Only a Central Banker Could Love - Ricochet.com:
"1. The economy lost 240,000 full-time workers last month, according to the more volatile household survey, while gaining 360,000 part-time workers.
In other words, the entire increase in the household measure of employment was accounted for by persons working part-time for economic reasons. 
The underemployment rate surged to 14.3% from 13.8%."

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