Part-Time Jobs Jump By 174,000
REUTERS
Full-time workers climbed by 92,000.
Workers are generally considered to be "full time" if they work over 30 hours per week.
Some economists have speculated the shift from part time to full time derives from the employer mandate in the Affordable Care Act. Under the legislation, employers will be required to offer health insurance or face penalties.
As a result, many companies have threatened to reduce full-time staff to below the 50-employee threshold for the mandate or scale back hours.
But the effect of the employer on today's part-time figures remains unclear. In fact, some economists were more optimistic when part-time workers surged last month, arguing that the ratio of part-time to full-time was seasonal and expected.
- 10 Ultimate road trip routes in India for 2024
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market