Weighing in on the NFP report, Goldman Sachs also notes the extraordinary jump in those working...


Weighing in on the NFP report, Goldman Sachs also notes the extraordinary jump in those working part-time for economic reasons as a factor behind the drop  in the headline unemployment. The broader U-6 rate showed no decline, remaining at 14.7%. Still, Goldman calls the report encouraging, noting a large increase (418K) in the previously shrinking labor force.
Comments (2)
  • bbro
    , contributor
    Comments (11219) | Send Message
     
    Follow the year over year part-time number...
    5 Oct 2012, 10:35 AM Reply Like
  • kmi
    , contributor
    Comments (4584) | Send Message
     
    I have a suspicion that going from unemployed to part time work is an improvement.
    5 Oct 2012, 10:58 AM Reply Like
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