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Economics

Capstones

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2014

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Full-Text Articles in Business

7 Million Americans Can’T Escape ‘Dead End’ Jobs, Patrick Gillespie Dec 2014

7 Million Americans Can’T Escape ‘Dead End’ Jobs, Patrick Gillespie

Capstones

Involuntary part-time is one of the worst problems in the labor market today. These are people who want full-time work, but for a collage of reasons, can only obtain part-time work (35 hours a week or less). There are about 7 million Americans stuck in involuntary part-time work. At the start of the recession, there were about 3.5 million. Although the economy shows signs of improvement, involuntary part-time workers express little hope in their future. Many don't have healthcare, About 75 percent of IPT workers are either below the poverty line or in low income ($36,000 for a family of …