Part-Time Workers Far Outnumber Full-Time Workers In U.S.

Politics

If there was any doubt that the U.S. economy is being converted into a part-time worker society, a look at the following staggering statistics from ZeroHedge.comwill put those doubts to rest. Since April 2013, the growth in the number of part-time jobs v full-time jobs has dramatically increased. Incredibly, in June alone, part time jobs exploded higher by 360K while full time jobs dropped by 240K.

Photo/ZeroHedge.com

In July the trend continues. According to ZeroHedge, “Of the 266K jobs created (note this number differs from the establishment survey), only 35% of jobs, or 92K, were full time. The rest were… not.”

Photo/ZeroHedge

The most sobering statistic of all, though, is a look at the breakdown of jobs since the beginning of the year. The U.S. has created 953,000 jobs year-to-date. Of those jobs, a whopping 77% are part-time jobs. Full-time jobs account for just 23% of all jobs created since January 2013.