Part-time work: Here to stay?
EconoMeter Labor Day Edition: Panel considers the 8 million people part-timers who full-time jobs.
Roger Showley, U-T SAN DIEGO
Friday, August 30, 2013
Kelly Cunningham, National University Systems
Current economic conditions do not support an assumption of job security and a stable working environment. Part-time employment seems an increasingly pervasive and enduring aspect of today’s labor market. The Great Recession, slow recovery and perverse incentives of Obamacare are contributing factors. The era of working for a single company over one’s entire career and the job security that entails is increasingly rare. In addition, aging baby boomers are not completely retiring, with many working part time – some out of economic necessity and some because they want to stay active and engaged. These trends will continue even as recovery fully occurs.