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The Labor Department's delayed report for November shows underemployment has risen sharply

The Labor Department's delayed report for November shows underemployment has risen sharply

Published 3 months ago
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"The Labor Department's delayed report for November showed that while overall employment was up by 64,000 jobs, underemployment had risen sharply. The number of people working part-time for economic reasons, people who want full-time jobs but cannot find them, was 5.5 million, up 909,000 from September. On top of that, October showed a loss of 105,000 jobs, and August and September's numbers were revised downwards by 33,000 jobs. In short, November's modest gains partially obscure a weakening overall economy. Uncertainty over tariffs has made it hard for businesses to plan and invest, blunting hiring for full-time jobs."
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