The ‘hot’ March jobs report released by the U.S. Bureau of Labor Statistics is not as positive as the Biden government and corporate media are billing. It actually shows that in the past 12 months, the U.S. economy has seen the number of full-time jobs decline by 1.3 million while adding 1.09 million part-time positions.
March’s total non-farm payroll employment rose, with 303,000 jobs added to the economy last month. However, the monthly change in full-time employment decreased by 6,000, while part-time employment added 691,000 jobs.
GOVERNMENT AND PART-TIME JOBS.
One of the areas that did see full-time job growth was public sector employment. March saw an increase of 71,000 government jobs — outpacing the prior 12-month average of 54,000. Other sectors that added jobs last month — most known for their reliance on part-time employment — were the construction industry (39,000), leisure and hospitality (49,000), and retail (+18,000). The healthcare industry also saw significant growth, with 72,000 jobs added. However, again, this growth appears to be in areas of the industry reliant on part-time workers, including outpatient care (28,000), hospitals (27,000), and residential care facilities (18,000).
‘THEY’RE CRAPPY JOBS’.
The trend of adding part-time employment while losing full-time jobs has been ongoing for over a year now. This is likely what underpins voter anxiety about the U.S. economy. The National Pulse has previously reported that most jobs gained since President Joe Biden took office have been fueled by migrant labor.
On Wednesday, former Biden White House Chief of Staff, Ron Klain, acknowledged the disconnect between the Biden government’s claims regarding the U.S. economy and how American voters feel about it. “I understand that people say, hey, I’m glad you have all these good things going on in the economy, I’m glad that there are jobs,” Klain said in an interview with MSNBC, adding: “But people want to see that their own personal pocketbook is better off.”
A similar sentiment was expressed by former Obama White House advisor Van Jones in January regarding the job ‘growth’ in the Black community. “People keep telling me, ‘You’ve got great employment numbers in the Black community, and aren’t you happy?’ I’m like, yeah, but they’re crappy jobs,” Jones said. Unemployment among Black Americans rose in March a whole percentage point to 6.4 percent — a near two-year high.
New month, same story: we're losing full-time jobs and only adding part-time work: pic.twitter.com/09MLTkdxlU
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 5, 2024