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The PJ Tatler

by
Charlie Martin

Bio

October 5, 2012 - 8:07 am

It’s always tempting to fall for conspiracy theories, because they explain everything in a nice neat package.  So, naturally enough, a lot of people — including Jack Welch, who should know better — are suggesting that today’s unemployment numbers have been manipulated down.

In fact, if you look at the Bureau of Labor Statistics report, it’s unlikely that anything has been manipulated — which would be hard to do without being caught anyway — because you can see exactly how the change happened.  Here’s the net-net:

  • net 114,000 new full-time jobs
  • net 456,000 people who left the unemployed list — discouraged or whatever
  • net 600,000 people added to part-time workers.

What distinguishes part-time workers from full-time? In general, part-time workers don’t get benefits — like health insurance.

What these numbers seem to be telling us is that it’s too expensive to pay for benefits.

Charlie Martin writes on science, health, culture and technology for PJ Media. Follow his 13 week diet and exercise experiment on Facebook and at PJ Lifestyle
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