Part Times Jobs Increase, but not "Real Jobs"

We, the American people, really should get on to the media about the distortions and lies by omission that we are fed with. People will read the first headline - 59,000 jobs added in May, and never see the second headline a few days later - "Oh, they were part time jobs."

RUSH: I do want to add on to the unemployment news we had Thursday and Friday of last week. If you'll recall, 69,000 jobs were added. And if you'll recall, the previous two months' numbers were revised -- and we learned that we lost 49,000 jobs that were not reported in those two months, March and April. Now we've learned something very important about the 69,000 jobs that were announced as having been "created" in the month of May.

Part-time jobs are at an all-time high according to the Bureau of Labor Statistics. There are over 28 million part-time jobs. And the fact of the matter is (I don't know the exact number), the vast majority of the 69,000 jobs that were announced as being created in the month of May were part-time jobs. According to Zero Hedge: "[T]he quality composition of the NFP report was just abysmal and makes any reported 'increase' in those employed into a sad farce." "[T]he increase in part-time jobs in May compared to April: 618,000, or the fifth highest on record."

"It gets better: when added with the 508,000 increase in part-time jobs in April, this is the largest two month increase in part time-jobs in history." So the 69,000 jobs announced last Thursday or Friday -- and remember, the world reacted negatively. Europe and the stock markets reacted negatively. It's even worse than reported because the bulk of those jobs, the vast majority of them are part-time jobs. They're not career-oriented type jobs. They're part-time work -- and, of course, with no health care benefits. No benefits, period, are attached to these jobs.