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New Jobs Disproportionately Low-Pay Or Part-Time

Shorebreak   |     |   4,118 posts since 2010

The 162,000 jobs the economy added in July were a disappointment. The quality of the jobs was even worse.

A disproportionate number of the added jobs were part-time or low-paying - or both.

Daniel Alpert, managing partner of Westwood Capital, wrote in a report last month, "the only folks engaging in meaningful hiring are doing so because labor is cheap."

News from The Associated Press