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12-10-2014, 12:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

Peter Schiff: More low-paying jobs can’t help economic recovery
October 10, 2014 By Andrew Moran Leave a Comment

The Obama administration, economists and the market were celebrating this week when it was revealed that the national unemployment rate dipped below six percent and the economy created a large amount of jobs. However, the problem with this data is that a substantial chunk of these jobs were part-time, low-paying jobs, something that has been ignored by much of the mainstream media.

Peter Schiff, president of Euro Pacific Capital, thinks this isn’t aiding the economic recovery.


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