Dive Brief:

• The good news in the most recent overall report on employment was that the U.S. added 288,000 jobs in June, moving yet further out of the recession.
• The bad news is that a large proportion of the growth is explained by part-time employment growing by 799,000 with full-time employment falling by 523,000.
• The upshot for the home-building industry is that part-time workers do not make ideal candidates for mortgage loans.

Dive Insight:

Another aspect of the jobs reports is how many people need jobs now and how many needed them when the recession began. The recent report that the economy had replaced the 8 million jobs lost during the recession does not say anything about population growth.