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part v full time

 on the one aspect of the labor force that has dominated public attention: the impact of Obamacare on the distribution of jobs by full-time vs part-time. As is well-known, and as we have been reporting for the past three or so years but becoming particularly acute in the last 3 months, virtually all job gains reported by the BLS had come in the ranks of the part-time workers, and to the detriment of full-time jobs. This resulted in substantial criticism of Obama, and the impact Obamacare has on jobs.

Well, some time in the past month and a half, the Obama administration called up the BLS and told them to remedy this.

Sure enough, while the September Establishment Survey was a disappointing +148K, far below expectations, it was the Household Survey where the fun was.On the top line, the gain in jobs was comparable to the Establishment number: a timid 133K.

However, looking at the breakdown between Full-Time and Part-Time jobs reveals something simply hilarious. The chart below summarizes it.

In brief: according to the BLS' magic calculations, in one month, the month during which the so-called uncertainly surrounding the government shutdown hit its peak (if one listens to CEO apologists),the US work force saw the rotation of some 594K part-time workers into a whopping 691K full-time jobs, in addition to adding over 100K net new jobs in the month

6 Replies
Senior Advisor

Re: part v full time

By design. No one can afford Obama care, even with all of the subsidies. It is a total mess. In less than 6 months all we will hear is let's just go to a very simple single payer then everyone will get free healthcare. What politician has balls big enough to get between a voter and his/her free stuff. Only a stupid, racist. thumping, gun owning bagger that hates kids and grandma.

Veteran Advisor

Re: part v full time

Hey nummy, tell us WHY NO ONE can afford ACA. People can't afford a couple hundred a month?
Advisor

Re: part v full time

Zerocare will get a delay.  It'll be humiliating for o but if they try to throw to many people at it they'll just make it worse.  A few good people and some time is what it'll take.  That's going to put them well past first of year.     I'm not convinced that the politicians want single payer, its just words for the base.   They had their shot and passed, check out who got the big health lobby money in 2010.

 

They'll probably announce the delay minutes before we bomb Syria, or a pressure cooker blows up somewhere.

Senior Advisor

Re: part v full time


@schnurrbart wrote:
Hey nummy, tell us WHY NO ONE can afford ACA. People can't afford a couple hundred a month?

Can you pay an extra $200/month?

Senior Advisor

Re: part v full time


@Samnospam wrote:

Zerocare will get a delay.  It'll be humiliating for o but if they try to throw to many people at it they'll just make it worse.  A few good people and some time is what it'll take.  That's going to put them well past first of year.     I'm not convinced that the politicians want single payer, its just words for the base.   They had their shot and passed, check out who got the big health lobby money in 2010.

 

They'll probably announce the delay minutes before we bomb Syria, or a pressure cooker blows up somewhere.


I think they want single payer. They will unionise the whole system, much more money coming in than from the lobby.

Veteran Advisor

Re: part v full time

If I didn't have insurance and didn't make enough to buy it, the ACA provides subsidies and tax breaks to allow you to better afford it. How much do you pay for your insurance? Didn't anyone ever tell you that you shouldn't answer a question with a question?