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Involuntary Part-Time
Involuntary Part-Time in US – Increased incidence during recessions research finds
In this paper we argue that involuntary part-time work has been overlooked by research on the dynamics of labor markets, which has mainly focused on unemployment. The notion of involuntary part-time work is closely related to that of unemployment, in that both entail a constraint on workers’ desired labor supply. An individual is considered to … Continue reading
Involuntary Part-Time Work in US – May remain significantly above its pre-recession level FRBSF finds
The incidence of involuntary part-time work surged during the Great Recession and has stayed unusually high during the recovery. This may reflect more labor market slack than is captured by the unemployment rate alone. Analysis across states and over time indicates that a substantial part of the increase is related to the business cycle. However, … Continue reading
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