By Ryan McMaken
For many ordinary workers—many of whom are stuck with part-time work and falling real wages—it’s hard to see how this is a “blowout” jobs report.
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By Ryan McMaken
For many ordinary workers—many of whom are stuck with part-time work and falling real wages—it’s hard to see how this is a “blowout” jobs report.
What's the tldr?
Different instruments show different trends, the gains are from part-time work, and real wages are declining.