tag:blogger.com,1999:blog-3776665703590564248.post4288900604729705034..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: The Unemployment-Wealth Spend Down-Benghazi ConnectionReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3776665703590564248.post-39625037480581599832013-05-07T22:20:04.939-04:002013-05-07T22:20:04.939-04:00Doug - A deep dive into April unemployment stats r...Doug - A deep dive into April unemployment stats reveals underlying jobs weakness. I wonder how much ObamaCare is the cause given its negative consequences for hiring Full Time Employees (FTE). Below is a snippet from realclearmarkets then link below …<br /><br />While most pundits have focused on the BLS Establishment Survey, which reported that 165,000 payroll jobs had been created during April, the Household Survey* numbers told a much different story.<br /><br />Total employment rose by 293,000 during April, but part-time jobs increased by 441,000. As a result, full-time jobs declined by 148,000.<br /><br />The number of "full-time-equivalent" (FTE) jobs** only increased by 73,000. This was not enough to keep pace with the growth of our working-age population, so the "FTE jobs ratio" (the number of FTE jobs per 100 working-age Americans), fell.<br /><br />http://www.realclearmarkets.com/articles/2013/05/06/why_fridays_jobs_report_was_ominous_100301.html<br /><br /> <br />THnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-72672406664049904232013-05-07T16:59:58.399-04:002013-05-07T16:59:58.399-04:00Doug - Do you not watch the news? Everything is w...Doug - Do you not watch the news? Everything is wonderful again. Unemployment down, housing starts up and the best news of all. . .stock markets are setting record highs. NOT.<br /><br />SSnoreply@blogger.com