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Involuntary part-time work: here to stay?

Author

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  • Robert G. Valletta
  • Catherine van der List

Abstract

The incidence of involuntary part-time work surged during the Great Recession and has stayed unusually high during the recovery. This may reflect more labor market slack than is captured by the unemployment rate alone. Analysis across states and over time indicates that a substantial part of the increase is related to the business cycle. However, structural factors such as changes in industry composition, population demographics, and labor costs have also contributed. This suggests that involuntary part-time work may remain significantly above its pre-recession level as the labor market continues to recover.

Suggested Citation

  • Robert G. Valletta & Catherine van der List, 2015. "Involuntary part-time work: here to stay?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    • Handle: RePEc:fip:fedfel:00059
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    References listed on IDEAS

    as
    1. Tomaz Cajner & Dennis Mawhirter & Christopher J. Nekarda & David Ratner, 2014. "Why is Involuntary Part-Time Work Elevated?," FEDS Notes 2014-04-14, Board of Governors of the Federal Reserve System (U.S.).
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    Cited by:

    1. Gianluca Busilacchi & Giovanni Gallo & Matteo Luppi, 2022. "I would like to but I cannot. The determinants of involuntary part-time employment: Evidence from Italy," Center for the Analysis of Public Policies (CAPP) 0177, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    2. Gern, Klaus-Jürgen & Fiedler, Salomon & Hauber, Philipp & Kooths, Stefan & Potjagailo, Galina & Stolzenburg, Ulrich, 2017. "Weltkonjunktur im Frühjahr 2017 - Weltkonjunktur: Aufwärts trotz Risiken [World Economy Spring 2017 - World economy: Continued expansion amid increased uncertainties]," Kieler Konjunkturberichte 27, Kiel Institute for the World Economy (IfW Kiel).
    3. Daniel Borowczyk-Martins & Etienne Lalé, 2016. "The Rise of Part-time Employment," Sciences Po publications 2016-04, Sciences Po.
    4. John C. Williams, 2015. "Data is the new black: monetary policy by the numbers," Speech 140, Federal Reserve Bank of San Francisco.
    5. Thomas Van Gent & Farida C. Khan & Norman Cloutier, 2019. "Industrial Effects on Male and Female Unemployment Over the Great Recession: An Interurban Analysis," The American Economist, Sage Publications, vol. 64(1), pages 19-30, March.
    6. William E. Even & David A. Macpherson, 2019. "The Affordable Care Act and the Growth of Involuntary Part-Time Employment," ILR Review, Cornell University, ILR School, vol. 72(4), pages 955-980, August.
    7. repec:hal:wpspec:info:hdl:2441/7arg7blugi9b2o08qjafcpg8e2 is not listed on IDEAS
    8. John C. Williams, 2015. "The recovery’s final frontier?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    9. Nathan Seltzer, 2019. "Beyond the Great Recession: Labor Market Polarization and Ongoing Fertility Decline in the United States," Demography, Springer;Population Association of America (PAA), vol. 56(4), pages 1463-1493, August.
    10. Congregado, Emilio & Garcia-Clemente, Javier & Rubino, Nicola & Vilchez, Inmaculada, 2023. "Testing hysteresis for the US and UK involuntary part-time employment," MPRA Paper 118115, University Library of Munich, Germany.
    11. Marcus Dillender & Carolyn J. Heinrich & Susan Houseman, 2022. "Effects of the Affordable Care Act on Part-Time Employment: Early Evidence," Journal of Human Resources, University of Wisconsin Press, vol. 57(4), pages 1394-1423.
    12. Robert G. Valletta & Leila Bengali & Catherine van der List, 2020. "Cyclical and Market Determinants of Involuntary Part-Time Employment," Journal of Labor Economics, University of Chicago Press, vol. 38(1), pages 67-93.
    13. Sojung Lim, 2019. "Mothers’ Nonstandard Employment, Family Structure, and Children’s Health Insurance Coverage," Journal of Family and Economic Issues, Springer, vol. 40(2), pages 148-164, June.
    14. Alex Gymnopoulos & Thanos Poulakis & Haris Poulakis & Nikolaos Chatzarakis, 2021. "Investigating the Greek Unemployment from a Classical Perspective," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(1), pages 69-91, June.
    15. Daniela Dean Avila & Kurt Graden Lunsford, 2022. "Underemployment Following the Great Recession and the COVID-19 Recession," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2022(01), pages 1-6, February.
    16. John Komlos, 2019. "The Real U.S. Unemployment Rate Is Twice the Official Rate, and the Phillips Curve," CESifo Working Paper Series 7859, CESifo.
    17. María Cruz Merino-Llorente & María Noelia Somarriba Arechavala, 2020. "European Part-time Workers’ Health and Well-being in Times of Crisis. The Case of Female Part-timers," Hacienda Pública Española / Review of Public Economics, IEF, vol. 235(4), pages 61-86, December.
    18. repec:hal:spmain:info:hdl:2441/7arg7blugi9b2o08qjafcpg8e2 is not listed on IDEAS

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