Friday, November 1, 2024

Just 49.7% had a full-time job in October 2024 vs. 50.3% in Oct 2023 and 50.1% in Oct 2022

Just one percentage point of current civilian population is 2.69 million full time jobs.

The trend is worryingly down for the middle class, which needs full-time jobs in order to buy homes.

The percent working full time in Jun 2023 almost but not quite beat the high under Trump of 50.98% in the summer of 2019, but that was 16 months ago. 

The Jan 2024 low was lower than the Jan 2023 low, too.

NOT GOOD.

Better save your pennies.