The current administration’s job growth calculation includes multiple part-time jobs, highlighting a flawed system. Payrolls may show growth, but considering full-time and part-time workers separately reveals a nuanced reality.
If you lose your full time job and have to take 2 or 3 part time jobs to keep paying your mortgage, the current administration counts that as job growth.
That's how messed up the system is right now.
— Financelot (@FinanceLancelot) February 3, 2024
Spot the difference: Payrolls as reported vs Workers (full time + part time) excluding Multiple jobholders pic.twitter.com/cLXZh0iMVz
— zerohedge (@zerohedge) February 3, 2024
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