July Part-Time Work Jumps by 393,000; Full-Time Employment Down 54,000
MishTalk
AUGUST 4, 2017
Initial Reaction. Today’s establishment survey shows jobs rose by a stronger than expected 209,000. Revisions were not a factor, subtracting 7,000 in May and adding 9,000 in June. In the household survey, employment rose by 345,000. However, voluntary part-time employment rose by a whopping 469,000 while part-time for economic reasons dropped by 44,000.
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