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There is no net gain, the number of jobs have only been growing because the market have been growing, but in the west the number of actual jobs are declining. I
by ThomPete 10y ago
There is no net gain, the number of jobs have only been growing because the market have been growing, but in the west the number of actual jobs are declining. In the US, 95% of jobs are temp jobs and the definition of when someone is said to have a job have been widened substantially since Bush. The number of new jobs created have gone down decade after decade since ww2
- icantdrive55 10y agoI cringe whenever I hear the low unemployment number. That sector of workers who can work, but just gave up is staggering. I truely believe Trump got elected because he was pretty much the only person who said someting is really wrong with this economy, and it's been wrong for awhile. (I don't like the man, but on the economy I think he's right.)
- MagnumOpus 10y ago> 95% of jobs are temp jobs False. At best 40% are - and given that a full-time worker has only one job and a part-time temp can have half a dozen at a time, even this is an upward distortion. > The definition of when someone is said to have a job have been widened substantially since Bush Also false.
- ThomPete 10y ago95% of jobs created since 2008. https://www.investing.com/news/economy-news/nearly-95-of-all-job-growth-during-obama-era-part-time,-contract-work-449057 https://www.investing.com/news/economy-news/nearly-95-of-all... And yes the definition got widened substantially under bush and Obama kept it. You can see the definition here. It's quite wide. https://www.bls.gov/cps/cps_htgm.htm https://www.bls.gov/cps/cps_htgm.htm