Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Financial News

Does Part-Time Job Growth Signify A Weak Economy?

Thursday, July 25, 2013 - 7:04 PM
Here's yet another indicator that it's likely later, than sooner, before
deposit rates rise:

     "...according to the Labor Department’s household survey, almost
      three-quarters of new jobs in 2013 have been part time. These
      need to be discounted in judging the economy’s strength ... At
      this stage of an expansion you would expect the number of
      part-time jobs to be declining, as companies would be  doing
      more full-time hiring ... Not this time.

Read more:
3
cumuluscumulus297 posts since
Jan 16, 2010
Rep Points: 1,374
1. Thursday, July 25, 2013 - 7:51 PM
Thanks for reiterating my post of Thursday, July 25, 2013 - 8:30 AM.
http://www.depositaccounts.com/forum/thread/14576-an-explosion-in-parttime-employment.html
3
ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,716
2. Thursday, July 25, 2013 - 8:16 PM
SB: Both articles are indeed similar; my thought was that Robert Samuelson
was more definitive about the weakness in the stats.  (Not trying to steal
your thunder, merely adding to it.  ;)
2
cumuluscumulus297 posts since
Jan 16, 2010
Rep Points: 1,374
Reply