
San Diego employment at record high — or is it?
The SAN DIEGO U-T story (below) concerning San Diego’s improving employment numbers (higher than just prior to the start of the 2007 national recession) offers good information to consider, but leaves some aspects unanswered — and some information appears to be outright misleading. Consider:
1. How many of our employed are part-time in 2014 vs. 2007? Remember, to be counted as “employed” by the government, you need work only one hour a week. If two full-time employees are replaced by three part-time employees (thanks, Obamacare), is that an improvement?
2. Professor Gin (the region’s big government academic cheerleader) asserts in the article that “35,000 people moved to San Diego” last year (keeping our unemployment rate higher than it would be otherwise). But is that GROSS or NET… Read More