- Joined
- Aug 15, 2012
- Messages
- 5,243
- Reaction score
- 3,014
- Gender
- Male
- Political Leaning
- Conservative
250k uptick since last July in people who have two jobs.
I fully expect the administration to take credit for creating millions of new jobs over the next year, and they will. But they are doing it by destroying full time jobs thru Obamacare and opening up lots of part time jobs. My local O'Reilly Auto Parts cut all of their full time positions (except for management) to part time and then hired more people to cover the hours. So now there are 2 full time employees and 30 part timers. Did those who had jobs keep them? Most did, yes, but now they are part time instead of full time. Does the store have more employees? Sure but most need a second job in order to make what they did last month and only 2 have health insurance.
Be careful interpreting the jobs numbers over the next year. Unemployment may appear to be down but so is average income. What we have essentially done was to redistribute work hours. The problem is at the end of the week most people are making less. In some cases that will mean more supplemental government assistance, just as planned. Making everyone more equal by lowering the bar is NOT progress no matter how the numbers are twisted.