#5. Labor Picture - JOBS?
BETTER EMPLOYMENT PICTURE?? Look especially over here at the "Hidden" Unemployment:

And then nonfarm payroll, up in the last 12 months less than .5% - not many new jobs. Also lots of part-time workers (19% increase over last year) and more discouraged workers, one month change is 4.1%!
Notice also that the one-year change in the employed as a share of the population actually fell!

And then nonfarm payroll, up in the last 12 months less than .5% - not many new jobs. Also lots of part-time workers (19% increase over last year) and more discouraged workers, one month change is 4.1%!
Notice also that the one-year change in the employed as a share of the population actually fell!

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