Though the nation added 195,000 jobs in June, the number of people working part-time rose sharply last month to 8.3 million.
By Ricardo Lopez
July 5, 2013, 11:38 a.m.
Though Friday’s job report showed the nation added nearly 200,000 jobs in June, the number of people working part-time due to slack economic conditions rose sharply.
The number of people unable to find full-time work rose by 322,000 to 8.2 million last month. This figure had been decreasing from a peak of 9.1 million in mid-2009.
The latest monthly payroll gains once again were led by restaurants and bars, which added a combined 52,000 jobs. The leisure and hospitality industry, as a whole, accounted for 75,000 of all the net job growth in June.
These businesses on average offer fewer hours of work.
The long-term implication of part-time work, economists said, is growing wage disparities and the risk of dampening consumer spending, a major driver of the economy. Part-time workers also are more likely to rely on state aid, such as food stamps, to make ends meet.
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