“Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years”
July 11, 2022
“The number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and the bargaining power of workers.
There were 3.6 million workers “employed part-time for economic reasons” in June, a decline of 707,000 from the prior month, according to the U.S. Department of Labor’s monthly jobs report.
That’s the lowest level since August 2001, according to historical data compiled by the Federal Reserve Bank of St. Louis…”