Total employment surged a further 114.7k in July, a solid gain following on from the robust 252.0k bounce in June (revised from 210.8k) which is a solid 343.1k reversal from the sharp –871.5k contraction through April and May. The COVID shutdowns hit part-time employment particularly hard through April and May (–533.7k over the two months) and so we were not surprised to see the recovery to date is also focused on part-time employment. Lifting a further 71.2k in July part-time employment is now up 323.2k in two months more than half way to reversing the –533.7k fall in April and May. Compare that to full-time ... (full story)