🔸 **Shocking Labor Market Stats** 🔸

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

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

📈 **Part-time employment** surged by 1 million in August (YoY).

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

📈 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? 🤔

#LaborMarket #EconomicTrends #USNonFarmPayrollReport #EmploymentStats #USJobs #NeiroOnBinance #USRetailSalesRise