Of those jobs added how many are full time?
And how many pay more than minimum wage (AKA I would pay you less if it wasn’t illegal)?
I believe those numbers are calculated as full time jobs. So 2 jobs offering 20 hours a week only count as one. Hard to say how many are part time though. And not many jobs paying min was get filled these days, there’s a lot of options above the minimum.
Glad so many have been added.
This is great news, and certainly drives home the fact that the current administration put in the work to make it happen.
This is a meaningless statistic when none of the jobs added can afford rent and groceries.
The article image with 16.25/hr shown, speaks volumes
Not meaningless, but those other things do matter.
They can afford them more than they did when they were jobless.
You don’t think any of them were in tech, health care, engineering gigs, etc? Personally I rather doubt they’re all teaching positions or something.
Remind me in a month when they silently correct the numbers.
Naw…
https://www.axios.com/2024/10/04/us-job-number-revisions
This is one of the reasons that the fed lowered interest rates recently.
Also of note, all the data that the fed looks at seems to need revisions about a month or 2 after its initial posting.
