US economy gaining jobs, but not good jobs

Zero Hedge Watch

US economy gaining jobs, but not good jobs. While the US economy has been steadily adding jobs, the vast majority are low-paying, part-time jobs. Even though the country added 200,000 jobs in June, the number of full-time jobs in the country actually decreased. Only 47% of American adults have a full-time job and 53% of American workers make less than $30,000 a year. Companies prefer to offer temp positions because they are less expensive and more flexible. The number of part-time jobs in America hit a record high as part-time jobs replace the full-time positions lost during the recession. (VIEW LINK)


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