jobs NFP

Dec. Jobs Data Misses, Unemployment Rate Ticks Higher, Wages Rise

Normally, you’d probably want to focus first and foremost on how markets respond. Especially rates and FX. But we live
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2 comments on “Dec. Jobs Data Misses, Unemployment Rate Ticks Higher, Wages Rise

  1. Michael Keeney

    I would be very interested to know just what the percentage is of part-time jobs are included that give us the 4.7% unemployed.
    Mike: Charleston SC

    • I think you are looking for part time for economic reasons, it is back down a normal percentage these days.

      https://www.bls.gov/news.release/empsit.t08.htm

      “The number of persons employed part time for economic reasons (also referred to as involuntary part-time workers), at 5.6 million, was essentially unchanged in December but was down by 459,000 over the year. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job. (See table A-8.)”

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