You know how Barack Obama just loves to brag about job creation?
He always seems to forget that nearly 100 million people are out of work, and more citizens are now on food stamps than ever before.
Also, how come this current administration never told us that most of the news jobs created during the Obama era were part-time or contract?
Did I say ‘most?’
I meant 95%!
A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.
The study shows that the jobs were temporary, contract positions, or part-time “gig” jobs in a variety of fields.
Female workers suffered most heavily in this economy, as work in traditionally feminine fields, like education and medicine, declined during the era.
The research by economists Lawrence Katz of Harvard University and Alan Krueger at Princeton University shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%.
Krueger, a former chairman of the White House Council of Economic Advisers, was surprised by the finding.
The “most transparent administration in history” leaves Washington for good in 26 days.