Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Saturday, October 27, 2012

RECOVERY? ALMOST ALL OF THE JOBS ADDED SINCE 2009 HAVE GONE TO PART-TIME WORKERS AGES 55 & OLDER

It’s no secret that a great deal of the jobs added in the last few years have been part-time jobs. In fact, as noted earlier on TheBlaze, part-time employment was almost entirely responsible for that miraculous dip in unemployment we saw earlier this month.
But here’s something you may not have known: Of the almost five million jobs added since late 2009, almost all of them have gone to part-time workers ages 55 and older.
“[S]tarting since the official NBER end of the recession in June 2009, the US has cumulatively added 2.9 million jobs,” Zero Hedge reports.
More 

No comments: