Part Time Work, Revisited

Why would anyone work; when it costs more to go to work than not work? Economics 102….oh, you did fail 101. No wonder this place sucks.

Barataria - The work of Erik Hare

Are you not working a full 40 hours a week, though you would like to? A solid 4.1% of all workers report that they are, in technical terms, “Part Time for Economic Reasons”, which is to say that they’d jump at the chance for a full time job but don’t have one yet. It’s a decent improvement from the 5.3% in this position two years ago, when we last looked at the problem, but it’s still not good.

Worse, the San Francisco Federal Reserve, who studies the phenomenon, has come to believe that it’s a feature of the new economy.

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