Tag Archives: James Pethokoukis

The Part Time Economy

The Part Time Economy

America got a jobs report today that, at first blush, looks somewhat positive. The unemployment rate fell to a four-year low at 7.5%, and non-farm payrolls added 165,000 jobs which was more than expected. We also saw upward revisions for the jobs numbers in two previous reports. That being said, the labor force participation rate

America Gets A Dismal Jobs Report

The national unemployment rate ticked down slightly in March, but it’s not exactly attributable to jobs gains. Rather, it’s because the labor participation rate continues to be in the basement: “The unemployment rate dropped because of a further decline in the labor force participation rate, now at its lowest level since 1979,” writes economist James