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Friday’s employment situation report showed that things have taken a turn for the worse for full-time workers, with the full-time unemployment level jumping to 13,901,000 workers, or 11.1% of the civilian workforce, very near the highest rate seen in 41 years.

The Bureau of Labor Statistics considers full-time workers to be those “who have expressed a desire to work full time (35 hours or more per week) or are on layoff from full-time jobs”.

Full-time jobless workers currently account for 88.5% of all unemployed workers. (Click chart to enlarge.)

This article is tagged with: Macro View, Economy
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