The government added 165,000 jobs in October, and the unemployment rate stayed at 4.1%. Sounds pretty good until you look at the hours people are actually getting. Another 339,000 people ended up working part-time because they couldn’t find full-time work. That brings the total to 4.84 million. Some want more hours but their employers aren’t giving them any. Others can’t find a full-time job at all. So yes, people are getting hired. But nearly five million workers are still stuck taking whatever hours they can get. That doesn’t show up in the headline unemployment number.
https://www.bls.gov/news.release/archives/empsit_11062026.htm
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