Charles Schwab's chief strategist sent a picture, in which the blue represents full-time staff and the orange represents part-time staff. At the same time, her data shows that the number of full-time staff has decreased by 625,000, while the number of part-time staff has increased by 286,000.
Under what circumstances will the number of full-time staff decrease and the number of part-time staff increase?
I think the possibility is;
The actual economic activities of American enterprises have not become more active, the competition for jobs is greater, and the salary system has gradually become elite, causing many people to stop full-time work or not find better full-time jobs, but to do part-time work.
At the same time, more full-time staff are also partially involved in part-time activities. Among the increase in part-time jobs, more people hope to increase their personal income through part-time work. This is also a concern about the future economy. Increasing income is also a way to resist future high inflation or economic recession in the future.
Of course, I saw a different point of view mentioned by some people in the comment area, that May to August in the United States is the peak period for college students to work part-time, and a large number of part-time jobs are indeed enough to cover up or even disrupt the job market.
Of course, the above conclusions are mainly speculations, and there is no actual data to prove all this.