It's the same story with Conservative every month. Butchering of current events, history and the denial of any facts that inconvenience him. What a ****ing trainwreck.
I'm an astronaut btw : NASA
...according to several links I have seen, the average hours worked in a part time job is about 20 hours per week (not official numbers).
Here is an EU link:
Eurostat - Tables, Graphs and Maps Interface (TGM) table
If that is the case here, then that would mean that 523,000 jobs at a minimum of 35 hours per week are being replaced by 799,000 jobs at roughly 20 hours per week.
523,000 times 35 = 18,305,000
799,000 times 20 = 15,980,000
So, this would mean that there were less hours worked each week then the previous month...despite the fact there were more jobs.
In fact, by my math, you would need 22.9 hours per week per part time job just to equal the number of hours lost due to the demise of 523,000 full time jobs.
Also, the full time number was a theoretical minimum (based on evey job lost being equal to a maximum of 35 hours per week) that will certainly be much higher in reality.
So, on the face of it, not only is this jobs report not nearly as good as the headline suggests - it may even be a net regression of total employment hours available to Americans in June over May.
Last edited by DA60; 07-05-14 at 04:56 PM.
'What kind of sick and twisted toy factory is this?'
'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
"Better to be dead and cool, than alive and uncool."
how much longer will we have cab drivers, truck drivers, and couriers, once the google driverless vehicle technology becomes proficient
surprised we still have car salesmen, as if you need someone to point out a car's features ... but then we see states prohibiting direct/internet sales of the tesla, in the ultimately errant belief they can stem that tide which will eliminate such valueless positions
anyone seen a plan to train our under-skilled to become adequately skilled for future employment opportunities?