More workers moving from part-time to full-time as jobs open up
The number of part-time workers who would prefer full-time employment fell last month to its lowest point in nine years, according to the U.S. Labor Department. The turnaround of the involuntary part-time trend, which was persistent through the Great Recession, has a couple of implications for auto dealers.
One, more money is circulating through the economy and the newly full-time workers are often more willing to spend. A retail worker who moved from part-time to full-time told USA Today the upgrade enabled her to buy a car.
Second, employers of all types may need to be prepared to offer more full-time jobs with benefits to attract qualified workers. As unemployment continues to drop, workers have more choices and many employers are having a hard time finding the type of employee they need.Download Bulletin PDF