US Job Market is Ugly
Today the BLS issued it’s employment situation report to show that unemployment stands at 9.1% and that we had no jobs added. The significance of a 0 jobs added number is that we have not had a month with 0 job growth since 1945.
Adding insult to injury 400,000 more workers are now working part-time jobs because of a lack of permanent full-time employment. There are now 8.8 million workers stuck in Career Purgatory that want full-time jobs but can’t find them.
Read the full BLS report.