Spoiling the “great employment news”

Spoiling the “great employment news”. “According to the household survey (on which the unemployment rate is based) the economy added a healthy 170,000 jobs. However, a whopping 446,000 of those jobs were part-time jobs. Simply put, the economy shed 276,000 full-time jobs.” The excuse for this month is “sequester.”

This post was last modified on January 26, 2021

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (12)

      • Corporations leave the places where they're not wanted, and not treated well. Take a hint, Crowley.

    • You are so God damn clueless, crowley, it's amazing. Corporations leave places where they are over taxed & over regulated to place that understand economics. Money will always go where it is treated best, & will leave wherever it is not. High taxed progressive sh!tholes chase money & jobs out of the area, & then the gov't regualtions run them overseas. Job creators are not there to provide jobs, they are there to create wealth, jobs are a biproduct of that. Today's progressive Dems are doing everything they can to kill our economy, & they are doing so on purpose. You want to blame greed? Go ahead, but at least figure out that it's gov't, not corporations that are the problem.

  • Nothing to worry about in the numbers. They lie unless its great new for der leader. Add up all of those who have just stopped looking and the month of February had a negative jobs number. Jesus, I wish people would use what they where given between their ears and think for themselves. If they would, they would be shocked at what they will find out and determine for themselves. Yes thinking for yourself is scary, but it is also liberating

  • I heard great rejoicing today that the unemployent rate in December was down like 0.2 % (ever heard of seasonal jobs?) and that the overall unemployment rate has been under 8% (their number, not mine) for the last 3 months, which is the best its been in years. Umhmm, ok. Still sounds kinda high, especially when you look at the REAL unemployment niumbers.

  • The great news is that so many people have quit looking for work that there is less competition for those jobs manning the fry station at McDonald's.