172,000 New Jobs… So Why Did Full-Time Jobs Fall?

The jobs report showed 172,000 new jobs and mortgage rates jumped higher. But look beneath the headline: 📉 Full-time jobs: -79,000 📈 Part-time jobs: +266,000 The report counts jobs, not people. That's a distinction worth understanding. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #JobsReport #Economy #mortgagerates2025