Part-Time Jobs Surge Takes Little Away From U.S. Labor Recovery
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A surge in part-time employment that was behind last month’s drop in the U.S. jobless rate takes little away from the overall picture of steady progress in the labor markets, economists say.
The Bureau of Labor Statistics’ survey of households showed the number of people working part time for economic reasons rose in June by the most in a year. Some 275,000 more Americans worked less than 35 hours a week because they were unable to find full-time jobs or their hours were cut back.