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Part time jobs declining across U.S as labor market tightens

(KERO) – Fewer people are working part-time jobs as the rate of part-time employment has hit a 20-year low.

The Labor Department says only about 2.2% of workers have a part-time gig because of a tight job market?

Typically, there are twice as many unemployed job seekers as there are job openings, which forces some job seekers to settle for a part-time job when they really want a full-time position.

But now it is almost completely the opposite, there are twice as many job seekers as unemployed.

Experts say it will remain that way if we enter a recession where more full-time workers could be laid off, prompting people to take part-time jobs.



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Part time jobs declining across U.S as labor market tightens Source link Part time jobs declining across U.S as labor market tightens

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