America Becoming A Part-Time Worker Society


In addition to the alarming number of Americans no longer participating in the work force, the decline in the quality of jobs available and the increase in part-time jobs reveals a disturbing trend.

Tyler Durden of Zero Hedge has pointed out a troubling breakdown in the new Bureau of Labor Statistics report that he described as the red flashing light – the number of multiple jobholders has risen to a record 8.05 million.

A report of new jobs created isn’t always a good thing.  In October, a survey revealed that 103,000 full time jobs were lost, and 90,000 part-time jobs were added.

As high-quality jobs continues to erode and more companies hire foreign STEM workers, American workers are being forced to take on multiple part-time jobs.

Obamacare mandates have also forced companies to adjust their hiring practices.

The Labor Department reported that 161,000 jobs were added in October – but Durden questions how many of those were actually duplicates – one person working multiple part-time jobs?

jobs-1-oct-16 jobs-2-oct-16 jobs-3-oct-16

If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).

To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.


Comment via Facebook

Send this to a friend