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07-05-2013, 07:31 PM #1
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Fewer Than Half Of Americans Have Full Time Jobs
Fewer Than Half Of Americans Have Full Time Jobs
July 5, 2013 by Ben Bullard
The Bureau of Labor Statistics June jobs report that came out Friday predictably polarized liberals, who praised the net gain of 195,000 jobs, and conservatives, who pointed out that most of them were part-time and represented businesses’ fear of Obamacare.
But there’s one negative stat in the report that can’t be spun: only 47 percent of employment-age American are working at full-time jobs. The rest? They’re all either working part time, or they’re not working at all.
The U.S. has an employment-eligible population of 245 million. Of that number, 144 million are working – and of that number, only 116 million hold down full-time jobs. That number is accelerating downward, too, as businesses swap full-time positions for part-time staffing that allows them to escape the Obamacare rule that forces employers to subsidize health care for all employees who work more than 30 hours per week.
Even though the Obama Administration, aware that it’s created an economy-killing boondoggle, announced earlier this week that the employer-subsidy mandate would be postponed until 2015, that announcement came after the June statistics had already been compiled. http://personalliberty.com/2013/07/0...ull-time-jobs/Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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07-05-2013, 07:40 PM #2
ONLY 47% OF ADULTS HAVE FULL-TIME JOB
by MIKE FLYNN 5 Jul 2013
The release of the June Jobs' Report Friday was something of a relief for the markets. The Labor Department reported that the economy gained 195,000 jobs in June, which beat economists' expectations. The Department also reported that the economy gained 70,000 more jobs in April and May than it originally estimated. The report, however, also provides clear evidence that the the nation is splitting into two; only 47% of Americans have a full-time job and those who don't are finding it increasingly out of reach.
Of the 144 million Americans employed last month, only 116 million were working full-time. Friday's report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.
The market's positive reaction to Friday's report is another sign of how far our economic expectations have fallen. If today the same proportion of Americans worked as just a decade ago, there would by almost 9 million more people working. Just in the last year, almost 2 million Americans have left the labor force. With a majority of the population not holding a full-time job, it isn't surprising that economic growth has been so weak.
In June, the number of Americans who wanted to work full-time, but were forced into part-time jobs because of the economy, jumped 352,000 to over 8 million.
The Jobs' Report is increasingly measuring only a part of the American economy. While Friday's report was better than expected, it only measures those who are working or actively looking for work. There is a growing number of Americans slipping through the cracks of the job market.
http://www.breitbart.com/Big-Governm...-full-time-job
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07-06-2013, 01:27 AM #3
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JOB REPORT LOOKS GOOD BUT ONLY 47% OF ADULTS HAVE FULL-TIME JOBS
Posted on 6 July, 2013 by clyde
According to breitbart.com The release of the June Jobs’ Report Friday was something of a relief for the markets. The Labor Department reported that the economy gained 195,000 jobs in June, which beat economists’ expectations. The Department also reported that the economy gained 70,000 more jobs in April and May than it originally estimated. The report, however, also provides clear evidence that the the nation is splitting into two; only 47% of Americans have a full-time job and those who don’t are finding it increasingly out of reach.
Of the 144 million Americans employed last month, only 116 million were working full-time. Friday’s report showed that 58.7% of the civilian adult population of 245 million was working last month. Only 47% of Americans, however, had a full-time job.
The market’s positive reaction to Friday’s report is another sign of how far our economic expectations have fallen. If today the same proportion of Americans worked as just a decade ago, there would by almost nine million more people working. Just in the last year, almost two million Americans have left the labor force. With a majority of the population not holding a full-time job, it isn’t surprising that economic growth has been so weak.
In June, the number of Americans who wanted to work full-time, but were forced into part-time jobs because of the economy, jumped 352,000 to over eight million.
The Jobs’ Report is increasingly measuring only a part of the American economy. While Friday’s report was better than expected, it only measures those who are working or actively looking for work. There is a growing number of Americans slipping through the cracks of the job market.
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