“One area worth a focus is that of part-time workers, especially those involuntarily working less than a full-time position. According to Table A-8 from last month’s employment situation report, some eight million workers were involuntarily employed part-time due to economic reasons, including slack work or that they could only find part-time work. This notion of a new jobs paradigm, a new structure to the employment world, is not a ground-breaking concept but one worth revisiting; it’ll resonate with readers, especially those earning their livings this way. Here’s a Reuters video package that calls this trend “the new normal” for the labor market.”
“Many employers are looking to make the employment relationship more flexible, and so are increasingly relying on part-time work and a variety of arrangements known as ‘contingent work,'” said Federal Reserve Governor Sarah Bloom Raskin in a speech last month. “[It’s] a sensible response to today’s competitive marketplace…and allows firms to maximize workforce flexibility in the face of seasonal and cyclical forces.”
“Operators can’t be as casual about workers’ total hours as they could before because there are fines and penalties and costs associated with it,” Scott DeFife, executive vice president for policy and government affairs for the National Restaurant Association, told The New York Times. “You can’t accidentally let them become full-time without a specific purpose.”
The message is clear. Deal with the reality. From an October 2012 article in the New York Times, A Part-Time Life, as Hours Shrink and Shift, paints the ominous writing on the wall.
“No one has collected detailed data on part-time workers at the nation’s major retailers. However, the Bureau of Labor Statistics has found that the retail and wholesale sector, with a total of 18.6 million jobs, has cut a million full-time jobs since 2006, while adding more than 500,000 part-time jobs.
According to the Bureau of Labor Statistics, part-time workers in service jobs received average compensation of $10.92 an hour in June, which includes $8.90 in wages plus benefits of $2.02. Full-time workers in that sector averaged 57 percent more in total compensation – $17.18 an hour, made up of $12.25 in wages and $4.93 in benefits. Benefit costs are far lower for part-timers because, for example, just 21 percent of them are in employer-backed retirement plans, compared with 65 percent of full-timers.”
Mitchell Hartman in Marketplace.org describes pressures that affect the chances of gaining a decent occupation position.
1) The job market is seriously mediocre, there just isn’t enough work for companies to increase people’s hours to full-time, or for companies to finally offer a decent full-time job.
2) The Affordable Care Act (ACA) creates an incentive for employers to keep people part-time, or even drop them down to part-time hours, because the employers don’t get penalized for not offering health insurance.
3) Employers just like having part-time workers: it gives them more flexibility, and it’s cheaper. This would be a ‘structural’ change in the labor market . . .
4) Finally, part-time work is just one category of ‘underemployed’ or ‘total unemployed.’ There’s also people who are available for work but have stopped looking because they don’t think there’s a job out there for them (‘discouraged workers’). That number is also up in June, by 200,000.
That infamous Obamacare, as Rick Moran of PJ Media reports has additional dire resulting consequences.
“Recall that under Obamacare, the definition of full-time employment is 30 hours. The BLS cutoff is 34 hours. At 30 hours, companies gave to pay medical benefits so they have been slashing the number of hours people work. This reduced the number of hours people worked and provided an incentive for many to take on an extra job.
In the past month there was a surge of 679,000 in the number of people working multiple jobs. The seasonally-adjusted increase was 340,000.”
It should be apparent from all these accounts and statistics that the future of long-term full time employment with benefits resides in the recesses of the past. The American Dream of a middle class life is dead. The youth are the biggest losers in this systematic destruction of the economy through the globalization and exporting of good jobs. The accelerated divide between government favorites and the expendable “hired help” has never been greater.
The economic betrayal is so acute that Obamacare “navigators” or “in-person assisters” positions will become the new desired career goal. Talk about filling full time government exploitation positions with part-time mental midget minions. This is the new economy. Crony capitalism has sealed the doom of free enterprise. What else would one expect from part-time citizens and full time political gangsters?
SARTRE is the pen name of James Hall, a reformed, former political operative. This pundit’s formal instruction in History, Philosophy and Political Science served as training for activism, on the staff of several politicians and in many campaigns. A believer in authentic Public Service, independent business interests were pursued in the private sector. As a small business owner and entrepreneur, several successful ventures expanded opportunities for customers and employees. Speculation in markets, and international business investments, allowed for extensive travel and a world view for commerce. He is retired and lives with his wife in a rural community. ”Populism” best describes the approach to SARTRE’s perspective on Politics. Realities, suggest that American Values can be restored with an appreciation of “Pragmatic Anarchism.” Reforms will require an Existential approach. “Ideas Move the World,” and SARTRE’S intent is to stir the conscience of those who desire to bring back a common sense, moral and traditional value culture for America. Not seeking fame nor fortune, SARTRE’s only goal is to ask the questions that few will dare … Having refused the invites of an academic career because of the hypocrisy of elite’s, the search for TRUTH is the challenge that is made to all readers. It starts within yourself and is achieved only with your sincere desire to face Reality. So who is SARTRE? He is really an ordinary man just like you, who invites you to join in on this journey. Visit his website at http://batr.org.