Getting Used to Part-Time Economic Recovery

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Hillary Crosley

Published

April 21, 2013

It’s tough to find a job in America right now, especially if you’re looking for full-time employment, writes Gawker.

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These part-time jobs have fueled the 30-month economic recovery, leading to an unstable economy built on an increasingly uneven labor force.

If you factor in these part-timers, as well as people who want to work but have given up on the bleak job market, the Times points out that the actual jobless rate would be around 13.8 percent, much higher than the current rate of 7.6 percent.

“There’s nothing inherently wrong with people taking part-time jobs if they want them,” said Diane Swonk, an economist, told the Times. “The problem is that people are accepting part-time pay because they have no other choice.”