Surge in part-time jobs and decline in full-time work stirs fears of repeat of 2008 crisis; Leading economic indicators have fallen off a cliff

During the GFC, we saw a noticeable crossover when part-time work increased and full-time work declined. Over the past year, we’re seeing a similar crossover slowly form. 👇🏼 pic.twitter.com/uez8lZaGWP — Kalani o Māui (@MauiBoyMacro) June 10, 2025 Full-time workers -623KPart-time workers +33K — zerohedge (@zerohedge) June 6, 2025 2/ The leading economic indicators (LEI) index …

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8.66 million Americans hold multiple jobs, 3 million more part-time jobs, and full-time employment declines. Consumer credit decreases

BREAKING: The number of people working MULTIPLE jobs in the US hit 8.66 million in September, a new record. This is ~300,000 above the peak seen before the pandemic and ~600,000 above the 2008 peak. Furthermore, the number of part-time jobs has jumped by ~3 million over the… pic.twitter.com/znOOEMR6Ln — The Kobeissi Letter (@KobeissiLetter) October …

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Employers reduce hours and shift to part-time, avoiding layoffs as the economy slows.

Robert Frick, an economist at Navy Federal Credit Union, mentioned that while employers may not be laying off many workers, they are indeed cutting back through other methods such as reducing hours and shifting workers to part-time as the economy slows. Labor costs have long been a significant issue for employers.They will continue to try …

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Job growth dominated by gov’t and healthcare sectors, part-time jobs dominate.

Government and healthcare sectors drive job growth, with 61% of net payrolls added in the last year. Despite a recent increase in full-time work, the economy has lost full-time jobs over the past 12 months, with all net gains in part-time employment. Employment of foreign-born workers has surpassed pre-pandemic levels, while native-born Americans lag behind. …

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Full-Time Job Losses Masked by Multiple Part-Time Roles

The current administration’s job growth calculation includes multiple part-time jobs, highlighting a flawed system. Payrolls may show growth, but considering full-time and part-time workers separately reveals a nuanced reality. If you lose your full time job and have to take 2 or 3 part time jobs to keep paying your mortgage, the current administration counts …

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Kiss The March Rate Cut Goodbye! December Jobs Soar By 216k (But Full-time Jobs Plunged By 1.5 Million In December While Part-time Jobs Soared 762k)

by confoundedinterest17 Well, kiss that anticipated March rate cut goodbye. According to the BLS, total nonfarm payroll employment increased by 216,000 in December. But to quote Cousin Eddie from Christmas Vacation, “Now hold on to your wad.” While the headline screamed remarkable, please note that the civilian labor force actually declined. As did the Employment-population ratio (to …

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The Part-Time President

By Martin Armstrong Most Americans are using their saved vacation days to spend time with family during the holidays. Somehow, the man with arguably the most important job in the nation has been out of office for most of his recent career. Joe Biden has spent at least 40% of his presidency on vacation as …

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UPS Signs minimum hourly wage increase of 35.5% for part-time workers and average total driver compensation to $170,000

via CNBC: Part time workers will make $21 from currently $15.50. Full time workers will be paid $49 an hour an increase of $7.50 over the contract. Total compensation with benefits will be $170,000. Average base pay before overtime or benefits will be approximately $102,000. The new contract includes pay raises for both part-time and …

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Jun JobsReport lackluster, recession indicators, low payrolls, 3.6% unemployment rate. Increased part-time job demand due to economic conditions.

452k additional part-time jobs from economic reasons:“partially reflecting an increase in the number of persons whose hours were cut due to slack work or business conditions…"More people are trying to get full-time jobs at same time businesses are cutting them… — E.J. Antoni, Ph.D. (@RealEJAntoni) July 7, 2023 Revisions for Apr and May were negative …

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