More Americans Working Part-Time Vs. A Year Ago, But No Growth In Full-Time Jobs

[Purveyor]

U.S. Payroll to Population Rate Shows No Improvement

WASHINGTON, D.C. -- The U.S. Payroll to Population employment rate (P2P), as measured by Gallup, was flat in July at 44.7%, unchanged from 44.8% in June 2013 and similar to the 45.0% in July 2012. July's P2P rate is also similar to the 44.9% rate in July 2011.



Gallup's P2P metric is an estimate of the percentage of the U.S. adult population aged 18 and older that is employed full time by an employer for at least 30 hours per week. P2P is not seasonally adjusted.

Payroll to Population historically tends to trend upward during the summer months and begins to decline again in the fall. That P2P is highest in June and July so far this year is to a certain degree to be expected due to this seasonality. Because of this, comparing year-over-year changes is helpful in evaluating whether monthly changes are due to seasonality or true growth (or decline) in the percentage of people working full time for an employer.

The fact that P2P has been seen so little change in July of the past three years indicates that the percentage of people working full time for an employer in July 2013 is similar to those found in July 2012 and July 2011.

MORE...

http://www.gallup.com/poll/163784/payroll-population-rate-shows-no-improvement.aspx

[BeyondGeography]

1. End Republican economic molestration and we can make a lot of those jobs FT

This has gone on long enough. Democrats need to sing from the same hymnal until the midterms. People are ready for it.

[DirkGently]

2. We are looking at a permanent "wealth redistribution." Upward.

That's the upshot of the real estate bubble burst. Banks were bailed out and permitted to continue foreclosing; humans got nothing.

So the new reality is people paying as much as they were to own a home to rent, and working temp and part-time jobs with no benefits to try to stay afloat.

Meantime the upper few percent have locked in their gains, and continue to claim that they are the "job creators."

[HockeyMom]

3. Paying cheaper wages too

Hire two part-timers for less $ per hour, and of course no benefits. Anyone who thinks this has happened just because of ACA has been living under a rock for decades. This is routine in fast food and retail and other low pay jobs.

[TheMastersNemesis]

5. Retail Jobs Used To Be Career Jobs With Benefits And Upward Mobility.

The Reagan Revolution signaled the end of the "social contract" between employee and employer. Now everyone is called an "associate". This meme started in the 1980's. In the future workers will be called "contractors" with no official connection to an employer. They will get a work "fixed price" contract breakable by the employer at any time. And they will pay all their own taxes and benefits.

[Motown_Johnny]

4. 2 major problems with the OP

First

We need ~100.000 more jobs each month to keep up with population growth. Your title " More Americans Working Part-Time Vs. A Year Ago, But No Growth In Full-Time Jobs" is at the very least misleading, and at the worst flat out wrong. The truth is that ~1.2 million more people are working full time jobs compared to a year ago (assuming no change in the P2P ratio). That means that there has been growth.

Second, Gallup sucks.

http://www.gallup.com/poll/158048/romney-obama-among-likely-voters.aspx


^snip^


October 16, 2012
Romney 50%, Obama 46% Among Likely Voters

[jtuck004]

6. Exactly. Should be "Families get Poorer as Part-Time Jobs Replace Full-Time Job Creation".

"But what really shows what is going on in America at least in 2013, is the following summary: of the 953K jobs "created" so far in 2013, only 23%, or 222K, were full-time. Part-time jobs? 731K of the 953K total."Here

And base it on U.S. Government Bureau of Labor Statistics data so that it is consistent with the stats being reported every month, showing how pathetic it really is, given that the biggest percentage of those are low wage jobs.




And, just for good measure, a chart which shows how that it's not the only time in history this has happened, but it is certainly the longest and most sustained that we have ever seen, with nothing on the horizon that will provide any relief.

[Spitfire of ATJ]

8. Gallup has always told the Beltway what it wants to hear.

[Spitfire of ATJ]

7. A lot of baby boomers in that who wish they could retire early.