The Patriot Post® · About June's Jobs Report...

Arnold Ahlert: “Last Thursday, an Obama-centric mainstream media trumpeted the creation of 288,000 jobs and the reduction in the unemployment rate from 6.3 percent to 6.1 percent. … On the surface, the numbers are impressive. … Since the BLS uses seasonally-adjusted figures to calculate jobs data, one cannot subtract the total number of part-time jobs from full-time jobs. However, data regarding seasonally-adjusted full-time jobs can be compared on a month-to-month basis and therein lies the true tale of woe. A whopping 523,000 full-time jobs were lost in June. … So far this year the economy has created 926,000 full-time jobs and 646,000 part-time jobs. Overall, America now has 118 million full-time jobs compared to 28 million part-time jobs, according to the BLS. Thus, 23.7 percent, or nearly one-out-of-every four Americans, is working part-time.”