I suppose that part-time work is better than none at all.
If you don't have to make full-time payments....
...jobs have quantity and quality components. The quantity
component was good enough to convince the 10 Year the taper is imminent
(if not stocks, which continue to trade dislocated from any and all
fundamentals). But how about the quality? In a word: not good. In June,
the household survey reported that part-time jobs soared by 360,000 to 28,059,000 – an all time record high. Full time jobs? Down 240,000.
And looking back at the entire year, so far in 2013, just 130K
Full-Time Jobs have been added, offset by a whopping 557K Part-Time
jobs. And there is your jobs “quality” leading to today’s market
euphoria...--ZeroHedge quoted at Malkin
Thank God Obozo is part-time, too (see below), or it might be a helluvalot worse.
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