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Record 89,304,000 Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work. In February Multiple Jobholders Rose By A Record, As Full-Timers Dropped, Part-Timers Increased in February according to the Household Survey, the number of full-time jobs declined by 77K from 115,918 to 115,841. The offset: a jump in part-time workers which rose from 27,467 to 27,569, or 102K. But the most surprising development in February from a quality standpoint was that the number of multiple job-holders rose by a massive 340K, which just happens to be a record.
Record 89,304,000 Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January
The Bureau of Labor Statistics (BLS) labels people who are unemployed and no longer looking for work as “not in the labor force,” including people who have retired on schedule, taken early retirement, or simply given up looking for work.
In February Multiple Jobholders Rose By A Record, As Full-Timers Dropped, Part-Timers Increased
in February according to the Household Survey, the number of full-time jobs declined by 77K from 115,918 to 115,841. The offset: a jump in part-time workers which rose from 27,467 to 27,569, or 102K.
But the most surprising development in February from a quality standpoint was that the number of multiple job-holders rose by a massive 340K, which just happens to be a record.