And if you believe that...
Are you asking if part-time work makes these numbers look a lot better than they should.
You bet I do.
That coupled with the “discouraged worker” sleight-of-hand are what’s being used to keep the UE rate far lower than it should be.
And, I’ll bet there’s a problem with holdback, lost numbers, and hidden numbers, too.
Also, the part time number increased nearly 600,000 in one month, when the previous month they’d dropped 200,000.