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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: excardog who wrote (1367)3/6/2004 12:19:07 PM
From: DavesM  Respond to of 116555
 
Excardog,

Got a question. I was going through the Govt. numbers on unemployment at bls.gov. I noticed that while payrolls only increased 21,000, the number of part time workers (for economic reasons) decreased by about 300,000 or so. Does that imply that ~300,000 workers, who were working partime, found full time employment (or were converted to fulltime status in February?

Thanks.



To: excardog who wrote (1367)3/6/2004 12:20:57 PM
From: DavesM  Read Replies (1) | Respond to of 116555
 
Excardog,

Got a question. I was going through the Govt. numbers on unemployment at bls.gov. I noticed that while payrolls only increased 21,000, the number of part time workers (for economic reasons) decreased by about 300,000 or so. Does that imply that ~300,000 workers who were working partime, found full time employment (or were converted to fulltime status in February? Maybe this is a normal fluctuation in the household survey?

Thanks.


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