04-07-2024, 02:36 PM
(04-05-2024, 09:09 PM)NATI BENGALS Wrote: If we keep having blowout jobs reports, which we did today,
I was wondering if I’d see this comment. If you get past the headline, that “blowout jobs report” was almost entirely part time job gains while full time jobs dropped
That is data deception at its finest.
Quote: Gains tilted heavily to part-time workers in the household survey. Full-time workers fell by 6,000, while part-timers increased by 691,000. Multiple job holders rose by 217,000, to 5.2% of the total employment level.
https://www.cnbc.com/amp/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html
The devil is always in the details.
