40% of jobs added in May were part-time

40% of jobs added in May were part-time

Jun 09, 2020

204 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
    Gig Economy and Its Impact on Staffing Firms

    With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...

    Are 4 day work weeks the future?

    Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...

    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 ...

    Did You Lose Your Job During COVID-19? Here’s What to Do

    First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...

    Show more news