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Friday, January 10, 2014

More Than Half Of December Jobs Added Were Temporary

Once again, in its sheer panic to tout the quantity, or lack thereof, in the case of the December jobs number, the frenzied media and pundits completely ignored the quality of the jobs gained in the last month of December. Or lack thereof. Because as the simple breakdown below shows, of the 74K jobs gained in December, 55%, or 40K were the worst of the lot when it comes to wages or benefits: temporary jobs.

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1 comment:

  1. we knew that. it's december, after all. Christmas workers have always been temporary.

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