Overlooked Great News in the May BLS Jobs Report

[mikegriffith1]

The Department of Labor Bureau of Labor Statistics (BLS) jobs report for May was, overall, good. Although the economy only added 75,000 jobs, one largely overlooked fact is that the number of persons employed part-time for economic reasons dropped by an astounding 299,000 workers in May.

https://www.bls.gov/news.release/pdf/empsit.pdf

 

[Third Party]

The Department of Labor Bureau of Labor Statistics (BLS) jobs report for May was, overall, good. Although the economy only added 75,000 jobs, one largely overlooked fact is that the number of persons employed part-time for economic reasons dropped by an astounding 299,000 workers in May.

https://www.bls.gov/news.release/pdf/empsit.pdf

Good. Now we don't have to worry about those over worked people AOC keeps complaining about.

 

[Harpy Eagle]

A nice continuation of what we have seen for the last 10 years.

 

[mikegriffith1]

A nice continuation of what we have seen for the last 10 years.

View attachment 267871

Sigh. . . . Do I need to recite the list of economic gains under Trump that are much greater than they were under Obama?

The drop of 299,000 in part-time workers is all the more impressive because we're not just coming out of a recession. You guys constantly cite gains under Obama that came after a huge recession, not in the middle of a recovery marked by several jumps that had not been seen for over 10 years.

 

[OnePercenter]

How many of the 75,000 jobs pay a living wage?

 

[pinqy]

The Department of Labor Bureau of Labor Statistics (BLS) jobs report for May was, overall, good. Although the economy only added 75,000 jobs, one largely overlooked fact is that the number of persons employed part-time for economic reasons dropped by an astounding 299,000 workers in May.

https://www.bls.gov/news.release/pdf/empsit.pdf

Why are you citing May, but linking to June?
Jobs increased 224,000 in June.
Part time for economic reasons stayed the same.

 

[Harpy Eagle]

A nice continuation of what we have seen for the last 10 years.

View attachment 267871

Sigh. . . . Do I need to recite the list of economic gains under Trump that are much greater than they were under Obama?

The drop of 299,000 in part-time workers is all the more impressive because we're not just coming out of a recession. You guys constantly cite gains under Obama that came after a huge recession, not in the middle of a recovery marked by several jumps that had not been seen for over 10 years.

I do not cite any POTUS, as people like you give them far too much credit. The drop in part-time worker has been happening for 10 years, this is a fact. One really good month does not make Trump a god, it is just one month.

Since you are giving Trump all the credit for the 229,000 drop in May, do you blame him that the number only dropped 8000 in June? Or are you incapable of saying even one tiny negative thing about your god in the White House?

In 2015 this number drooped by 724,000 and in 2018 only by 325,000. Spin that as a positive for your man.

Or go buy a clue and realize that the POTUS has little impact on these numbers...

 

[Harpy Eagle]

The Department of Labor Bureau of Labor Statistics (BLS) jobs report for May was, overall, good. Although the economy only added 75,000 jobs, one largely overlooked fact is that the number of persons employed part-time for economic reasons dropped by an astounding 299,000 workers in May.

https://www.bls.gov/news.release/pdf/empsit.pdf

Why are you citing May, but linking to June?
Jobs increased 224,000 in June.
Part time for economic reasons stayed the same.

No, it dropped by 8000....but he is not bragging about that number....wonder why that is

 

[mikegriffith1]

By the way, the June BLS report is out. The economy add 224,000 jobs in June.

https://www.bls.gov/news.release/pdf/empsit.pdf

 

[Third Party]

A nice continuation of what we have seen for the last 10 years.

View attachment 267871

Robots

 

[Harpy Eagle]

By the way, the June BLS report is out. The economy add 224,000 jobs in June.

https://www.bls.gov/news.release/pdf/empsit.pdf

And even with that, 2019 so far has the lowest monthly average of jobs added since 2010. Things are slowing down, whether you like it or not.

 

[pinqy]

The Department of Labor Bureau of Labor Statistics (BLS) jobs report for May was, overall, good. Although the economy only added 75,000 jobs, one largely overlooked fact is that the number of persons employed part-time for economic reasons dropped by an astounding 299,000 workers in May.

https://www.bls.gov/news.release/pdf/empsit.pdf

Why are you citing May, but linking to June?
Jobs increased 224,000 in June.
Part time for economic reasons stayed the same.

No, it dropped by 8000....but he is not bragging about that number....wonder why that is

View attachment 267879

Any change less than 259,000 is not statistically significant. 8,000 is so small a change that we can’t say there was any change at all.