šŸ”ø **Shocking Labor Market Stats** šŸ”ø

šŸ“‰ **Full-time employment** dropped by 1 million workers in August (YoY), marking the **7th consecutive monthly decline**.

šŸ“‰ Since the June 2023 peak, the full-time job count in the US has fallen by **1.5 million**.

šŸ“ˆ **Part-time employment** surged by 1 million in August (YoY).

šŸ“‰ The number of **permanent job losers** increased by 324,000 (YoY), reaching **2.5 million**, the highest since November 2021.

šŸ“ˆ This marks the **16th straight month of part-time job gains**, the longest streak since the **2008 Financial Crisis**.

How does this reflect a "strong" labor market? šŸ¤”

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