40% of jobs added in May were part-time

40% of jobs added in May were part-time

Jun 09, 2020

211 Views

0 comments

The Bureau of Labor Statistics (BLS) announced on Friday that the US labour market is recovering after the bashing it took in March and April. After losing millions of jobs, the month of May witnessed a surge in the jobs added. The number of people working part-time and full-time rose by 3.8 million in May, but we need to take every bit of positive news with a pinch of salt. Of these jobs added, nearly 40 per cent, or 1.6 million were part-time jobs, which means that millions are still living in uncertainty and are receiving less pay than they were when they were employed full-time. 

Previous days news

Comments

    Others news
    Article
    Let's Talk about the Hustle Economy

    With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...

    Top paying Careers in 2021

    The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...

    A Guide for HR Professionals to Ensure Diversity and Inclusivity at Workplace

    One of the key responsibilities of HR teams is to ensure a diverse workplace and manage it effectiv ...

    Is It Time For Recruiters To Think Like Marketers?

    About 46% of recruiters acknowledge this by seeing recruitment more as marketing than an expansion ...

    Show more news