Friday, February 05, 2010

Full Time Workers Fully Under Pressure: January 2010

Today’s employment situation report showed that the full time unemployment rate declined notably to 10.4% of the civilian workforce but still remaining 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.