Posted by cs on April 5, 2024, 12:51 pm, in reply to "Jobs"
303000 is the number according to the biden administration
71000 new GOVERNENT jobs
hooray for us. more people to pay forever with deficit spending..
You do the Math
Posted by mender on April 5, 2024, 4:45 pm, in reply to "Re: Jobs"
303,000 - 71,000 is almost 100,000 new jobs!!!
Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)
Posted by cs on April 5, 2024, 6:09 pm, in reply to "You do the Math"
thats some new algebra you laying out there. anyways,
Here is exhibit A: in March, the number of part-time jobs soared by 691K to 28.632 million, up from 27.941 million while full-time jobs dropped by 6,000, to 132.940 million from 132.946 million.
This number only gets scarier when we extend the period to the past year: as shown in the next chart, since March 2023, the number of full-time workers has collapsed by 1.347 million while the number of part-time workers exploded by 1.888 million!
So what happened in March? It will come as no surprise that there was more of the same, and after the collapse in native-born workers in the last three months when nearly 2.5 million native-born workers lost their jobs, March saw some pick up, and 929K native-born workers were added. Meanwhile, after last month's record increase in foreign-born workers, in March illegal immigrants added another 112K jobs, pushing the total number of foreign-born workers to a new record high of 31.114 million.
Said otherwise, not only has all job creation in the past 6 years has been exclusively for foreign-born workers.. but there has been zero job-creation for native born workers since July 2018!