I have a dumb question ...
How many of these “new jobs” are actually fulltime jobs that have been down-sized to part-time jobs under 0bamacare.
Which would essentially mean that there were no real jobs created at all.
Not a dumb question. It’s hard to gauge what’s real and what’s not anymore.
The only thing I am certain of is this. If you had a 40 hour a week job earning twenty dollars an hour which you lost and now you are working three part time jobs which total 30 hours a week earning an average of nine dollars an hour you will be counted as three jobs now whereas you were counted as one job before. I don’t think there is any doubt whatsoever on that. The TRUE unemployment rate is WORSE than it was during most of and maybe ALL of the “great depression” of the thirties. The percentage of people who are surviving solely on government handouts is MUCH, MUCH higher than during the thirties. The percentage of people who have not one clue how to make it on their own is INCREDIBLY HIGHER, I would not even try to estimate it but it is EXTREMELY high. We have a lot of people depending on their parents for support at an age when people used to be looking forward to their first grandchild if they did not already have one or more.
Obamacare and the minimum wage laws are going to create a trend away from employment and toward independent contract work.
That ain’t a dumb question. It’s relevant and yeah, I want to know if they are FT or PT jobs.