As the number of full-time jobs fall in the American economy, workers are increasingly taking two and three part-time jobs to put food on the table, according to the government’s own numbers.
The allotment of open full-time jobs started to plummet in June of last year and the cratering has not stopped, according to the numbers from the Bureau of Labor Statistics (BLS).
Per the Daily Caller:
Since June, the number of full-time jobs has declined more than 1.8 million, from 134,787,000 to 132,946,000 as of February, according to the Federal Reserve of St. Louis. In that same time, the number of part-time employees working less than 35 hours per week has risen from 26,248,000 to 27,941,000, an increase of nearly 1.7 million, continuing the trend of a growing number of part-time positions but a receding number of full-time positions.
Around 133,230,000 were employed with full-time jobs in February 2023, 284,000 more than a year later, while the number of part-time workers has grown by 922,000 in that same time, according to the BLS. The number of people holding multiple jobs has surged in tandem, increasing from 7,883,000 to 8,259,000, a difference of 376,000.
Full-time jobs are now down 1.8 million since Jun '23 and virtually flat (+0.3%) since Mar '22; meanwhile, part-time jobs are up 1.7 million since Jun '23 and up 2.0 million since Mar '22 – folks getting 2nd (or 3rd) jobs is artificially boosting the headline payroll figure: pic.twitter.com/Rylgq0TNpc
— E.J. Antoni, Ph.D. (@RealEJAntoni) March 8, 2024
The DC added:
The number of people employed part-time for economic reasons, whether that be because their jobs reduced their hours due to lack of work or they could only find part-time positions but wanted a full-time job, increased from 4,070,000 in February 2023 to 4,376,000, a difference of 306,000, according to the BLS. Americans working part-time jobs for noneconomic reasons increased in that same time as well, from 21,780,000 to 22,309,000.
Inflation is continuing to rise, as well and with it, the price of most of the everyday items we buy.
Joe Biden is a burden to this entire country.
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