A healthy economy needs full-time jobs

September 2, 2013 

This Labor Day no doubt will include lots of talk about America's still high unemployment rate, but maybe the even bigger concern is underemployment.

It used to be that getting a job in American meant working 40 hours a week complete with health insurance and other benefits. But today many jobs are part-time and without benefits, a trend that really accelerated with the Great Recession and has slowed the recovery.

About 75 percent of the 1 million jobs that have been created so far this year are part time, according to Reuters. In 1968, about 13.5 percent of U.S. jobs were considered part time (less than 35 hours a week). It was 16.9 percent in 2007 at the start of the recession. Today it's at 19.6 percent.

Maybe full-time jobs will return as the economy improves, but many people fear that businesses are hiring more part-time workers to avoid the Obamacare health care mandate. Whatever the reason, more full-time jobs are needed for America to have a healthy labor force.

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