Why is Involuntary Part-Time Work Elevated?

Tomaz Cajner, Dennis Mawhirter, Christopher Nekarda and David Ratner
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David Ratner: https://www.federalreserve.gov/econres/david-d-ratner.htm

No 2014-04-14, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Despite substantial improvement in the unemployment rate and several other labor market indicators, the number of Americans involuntarily working part time (also called "part-time for economic reasons") remains unusually high nearly five years into the recovery. In this note, we focus on two questions: 1. What can Current Population Survey (CPS) data on the stocks and flows of involuntary part-time employment say about the underlying reasons for its persistently high rate? And 2. Based on this analysis, what can we expect for the evolution of involuntary part-time work going forward?

Date: 2014-04-14
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2014-04-14

DOI: 10.17016/2380-7172.0014

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