Article Image
IPFS News Link • Economy - Economics USA

BLS Refused My Question; Part-Time Work up 738,000 in 2 Months

The chart shows involuntary part-time employment increased by 738,000 workers in two months. Wow. A likely explanation is the BLS reported number in January is pure garbage. As I pointed out in my unanswered question, seasonal swings are increasing in amplitude. The number of long-term unemployed (those jobless for 27 weeks and over) increased by 414,000 over the month to 6.5 million. In March, 44.1 percent of unemployed persons were jobless for 27 weeks or more.