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trunkmonk

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trunkmonk

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Friday, 02/03/2023 11:31:26 AM

Friday, February 03, 2023 11:31:26 AM

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From the hedge. Todays blowout report was just adjustments for 2022. In reality there has been 0 growth in full time jobs, all part time growth.

the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that's right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million!



So at least we know where the bulk of the increase in US labor came from in the past year: virtually no full-time jobs, and all part-time.
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