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In other words, nearly all of the post-recession job creation was full-time. The share of full-time jobs was 83% in 2007, but fell to 80% by February 2010, recovering steadily to 81.5% by May 2016. The number of persons working part-time for economic reasons remained above the pre-crisis level as of August 2016.
Full-time status varies between company and is often based on the shift the employee must work during each workweek. The "standard" work week consists of five eight-hour days, commonly served between 9:00 AM to 5:00 PM or 10:00 AM to 6:00 PM totaling 40 hours. While a four-day week generally consists of four ten-hour days, it may also consist ...
U-7 Total persons seeking full-time jobs, plus one-half of persons seeking part-time jobs, plus one-half of persons employed part-time for economic reasons, plus discouraged workers, as a percent of the civilian labor force plus discouraged workers less one-half of the part-time labor force; CPS-based measures of unemployment after 1994:
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Heidi Rivera. April 27, 2024 at 9:00 AM. A growing number of U.S. employers are nixing college degrees from hiring requirements in job postings, according to Indeed. In January, fewer than 1 in 5 ...
Discouraged worker. In economics, a discouraged worker is a person of legal employment age who is not actively seeking employment or who has not found employment after long-term unemployment, but who would prefer to be working. This is usually because an individual has given up looking, hence the term "discouraged".
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