“I tried for modeling work but it was a bit slow and that’s when I took a part-time job at McDonalds. It gave me income while I was waiting for my big break and at the very least I could eat.” Sharon Stone
Friday as the jobs report was being released Ryan Sloper and I were doing our weekly podcast.
In real time we saw the headline non farm payroll number come in better than expected and speculated the bond, gold and silver markets would react negatively as a positive job number might mean the dreaded tapering of quantitative easing (QE) by the Federal Reserve might begin soon.
The Part Time Recovery by the Numbers
Investor’s Business Daily broke down the state of our part time employment economy this way:
they would realize the report was not good at all with all part time jobs and a loss of full time jobs.
That should make the Fed and market reexamine and realize that QE will continue in a vain attempt to "fix" the employment situation