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progree

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66. Over the past year, part-time jobs were 9.2% of the 2.1 million new jobs

Mon Jul 21, 2014, 10:43 AM

Jul 2014

http://www.democraticunderground.com/10025189920#post34

The Household Survey numbers that produce the part-times job figures is highly volatile.

[font color = blue]>> There were 523,000 full time jobs lost and they were replaced with 799,000 part time ones for a net gain of 288,000 jobs. There were only 12,000 full time jobs added. <<[/font]

Not true. The 288,000 jobs came from the Establishment Survey of payroll jobs. You are mixing numbers from two separate surveys -- the Establishment Survey and the Household Survey.

The Household Survey said Employment increased by 407,000 jobs

EDITED to add: This OP

http://www.democraticunderground.com/111622439

has a section, "Beware the tricks of the economic pundits out there" that covers a lot of the nonsense interpretations of the economic numbers. Two that were used in the excerpt above (I'm not saying intentionally):

(1). Highlighting adverse one-month changes in some highly volatile component, and making it seem like it's the story of the whole Obama administration's job record

(3). Cleverly mixing statistics from the household survey (CPS) and the establishment survey (CES) (without making that clear of course)

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Have you ever considered ... 1StrongBlackMan Jul 2014 #11

No I have not considered it because it is nonsense. former9thward Jul 2014 #12

Nonsense because ...? 1StrongBlackMan Jul 2014 #15

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I've read that creeksneakers2 Jul 2014 #47

I read that in the Wall Street Journal former9thward Jul 2014 #52

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Over the past year, part-time jobs were 9.2% of the 2.1 million new jobs progree Jul 2014 #66

Yep, I'm just conspiring all over the place. former9thward Jul 2014 #82

Over the past year, 9.1% of the job gains were part time, and 91.9% were full time progree Jul 2014 #87

I suppose next you will defend the decline in the labor participation rate. former9thward Jul 2014 #90

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