Although the stock market has reached record levels in the past months, the economic recovery has not yet been felt by all Americans. New research has found that part-time workers are still having a hard time finding full-time jobs.
Researchers found that involuntary part-time employment grew more in the past five years— 2007 to 2012— than any other five-year span since the 1970s. In that time involuntary part-time employment among women rose to 7.8 percent from 3.6 percent. Men, on the other hand, saw involuntary part-time employment rise to 5.9 percent from 2.4 percent. The researchers defined involuntary part-time workers as employees working fewer than 35 hours a week because they are searching for full-time jobs.
Unfortunately for those part timers looking for full-time work, those numbers have not moved much even as the unemployment rate has dropped in recent years.
Chosen excerpts by Job Market Monitor. Read the whole story at