5 ms·
It's not happening yet because it takes time to mature but it will happen and the more it happen the faster it will go. Under Bush and Obama almost all the job
by ThomPete 9y ago
It's not happening yet because it takes time to mature but it will happen and the more it happen the faster it will go.
Under Bush and Obama almost all the jobs created were temp jobs, they even had to expand the definition of what constitutes a job.
- jml7c5 9y ago>they even had to expand the definition of what constitutes a job. Can you cite a source for this? The Bureau of Labor Statistics etc. has been using the same U1-U6 unemployment metrics for decades.
- ThomPete 9y agoYeah but which one they focus on matters. They focused on U3 rather than U6. I will see if I can find a more official source than this: http://www.washingtontimes.com/news/2015/feb/10/donald-lambro-obama-hides-jobs-failure-by-not-coun/ http://www.washingtontimes.com/news/2015/feb/10/donald-lambr...
- jml7c5 9y agoThat's a (valid) critique of using U3 instead of U6. But the US government has been using U3 as the "official" unemployment since at least 1994. You asserted that "they [the Obama and Bush administrations?] even had to expand the definition of what constitutes a job," which is not supported by that article. I have had this debate before, and I have yet to find any evidence for the claim.
- ThomPete 9y agohttp://www.washingtontimes.com/news/2015/feb/10/donald-lambro-obama-hides-jobs-failure-by-not-coun/ http://www.washingtontimes.com/news/2015/feb/10/donald-lambr... They changed the U3 focus under Bush I will see if I can find the article about it I read way back.