Jobless claims fall to lowest level since early 2006

pinqy said:

Except the percent of employed who have more than one job is lower even than before the recession.

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Gimmesometruth said:

Meaningless factoid, aggregate employment has declined since the 1997 peak....which is reflected in multiple job holding stats....which also shows the stepping down of this employment through the last 2 recessions:

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and looking closer since 2007, clown's claim actually holds up:

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pinqy said:

ummm a decline in employment wouldn't affetct the percent of multiple job holders.

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If overall employment goes done, then the number of multiple job holders would have to go down by a bigger percentage than overall employment for there to be a drop in the percentage.

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True, I should have looked only at both jobs part time instead of total multiple jobholders.
But while the number of both jobs part time has been going up...that trend started before the recession, and hasn't been that large. I think it would be a stretch to say there was any significant number of full time job holders switching to 2 jobs.

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Kushinator said:

It looks as though labor markets are beginning to pick up a considerable amount of momentum. Persistent employment growth coupled with this sudden drop in new claims figures to set the stage for a reversal in real output growth. U.S. real GDP declined by 2.9 % in the first quarter of 2014, initially stoking fears of an impending recession. Yet that figure seems to be an outlier which can be attributable to a weakness in private inventory investment. Second quarter output data will be released this Wednesday (the 30th) and should shed a considerable amount of light on the U.S. economy.

The rest of the article can be found here.

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