Saturday, December 4, 2010
The Part-time recovery
It seems the unemployed, who are constantly berated as being pretty lazy people who hate work, are leading the trend in actual job growth cause it's all part-time, baby. Well, not all. Two-thirds of job growth since 2008 is part-time and those part-timers, just like the unemployed, must be living a life of lazy luxury with their annual $20,000 income. (Source: BLS) In other news, the economy netted a whopping 39,000 jobs in Novmebr; at that rate we will see employment back at its 2007 level sometime between 2039 and never.
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