news
Job Growth: All Part-Time?
Part-time jobs increased while full-time jobs stagnated from Feb 2023-Feb 2024. StatsCan data reveals a concerning shift to precarious, part-time work.
Published April 29, 2024 at 5:03am by
Robert F. Kennedy Jr.'s Misleading Claim on Part-Time Jobs
Statement: "The much-trumpeted job growth in the last year was entirely part-time jobs."
Rating: Half True.
Independent candidate Robert F. Kennedy Jr. claimed federal data distorted economic reality, citing a year-long increase in part-time jobs. From Feb. 2023 to Feb. 2024, part-time jobs rose by 921,000 vs 667,000 total jobs.
However, economists warn against cherry-picking data. Shifting the timeframe by a month reveals an additional 442,000 full-time jobs. During Biden's presidency, full-time jobs rose nearly 4x faster than part-time.
Sources:
- Robert F. Kennedy Jr., Twitter Post, March 31, 2024
- Federal Reserve Bank of St. Louis, Employment Level, accessed April 26, 2024
- Federal Reserve Bank of St. Louis, Employment - Part-Time for Noneconomic Reasons, accessed April 26, 2024
- Federal Reserve Bank of St. Louis, Employment - Part-Time for Economic Reasons, accessed April 26, 2024
- Email interviews with economists Gary Burtless, Brad J. Hershbein, and Lonnie Golden.
Read more: Was last year's US job growth all from part-time work? Why RFK Jr.’s claim is Half True