Part-Time Is The New Full-Time
The Article: 97 percent of new US jobs are part-time by Shannon Jones in the Worldwide Socialist Website.
The Text: Behind the job figures of recent months lies an underlying reality of continued hardship for millions of unemployed and partially employed workers in the United States.
US employers added 162,000 nonfarm jobs in July according to the government’s Establishment Data Survey, an anemic number considerably below predictions. However, a closer look reveals another serious problem.
“Over the last six months, of the net job creation, 97 percent of that is part-time work,” said Keith Hall, a senior researcher at George Mason University’s Mercatus Center quoted by McClatchy Washington Bureau. Hall was head of the US Bureau of Labor (BLS) Statistics from 2008 to 2012.
Citing the BLS Household Survey, Hall said that over the past six months 963,000 more people reported that they were employed while 936,000 of them reported they were in part-time jobs. Hall continued, “That is a really high number for a six-month period. I am not sure that has ever happened over six months before.”