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re: US employers adds 175,000 jobs, rate falls to 7.5%

Posted on 5/3/13 at 8:25 am to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5610 posts
Posted on 5/3/13 at 8:25 am to
quote:

Any truth to it being a ton of part-time <30 hours a week?

Oh yea, there is a large amount of underemployment in the labor force. Even weekly hours worked dropped 0.2 hours this month. You'll see that even more with the implementation of ObamaCare, employers would just much rather raise hourly pay and drop hours so they fall under the minimum required to provide healthcare. Lower costs for the already cash strapped companies.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 5/3/13 at 8:51 am to
There were huge revisions as well.
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