Part-Time for Economic Reasons During the Global Financial Crisis

Bruce Fallick

No 25-20, Working Papers from Federal Reserve Bank of Cleveland

Abstract: Net flows from part-time for noneconomic reasons to part-time for economic reasons contributed substantially to the overall increase in part-time for economic reasons during the Global Financial Crisis in the United States. This suggests that the increase in measures such as U-6 may have overstated the decline in labor demand during that period. However, this does not appear to reflect a general cyclical pattern.

Keywords: Part-time (search for similar items in EconPapers)
JEL-codes: E32 J23 J64 (search for similar items in EconPapers)
Pages: 10
Date: 2025-08-27
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DOI: 10.26509/frbc-wp-202520

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