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July 10, 2014

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JOB DESTRUCTION? How is this for a misleading set of figures on job creation: The net jobs up last period was around 300,000 reducing un employment to 6.1%. However, the net part time jobs created were nearly 800,000 meaning that 500,000 FULL TIME jobs were LOST. The administration continues to promote policies that lead to more and more employers moving employees from full time employees subject to regulations to part time employees and contract employees not covered by the regulations. Did you know that 37% of Americans no longer work? High unemployment, aging population, and the 2,000,000 plus who have given up trying to find work at all parts of the reason.

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