June 07 2024

A staggering 625,000 full-time jobs vanished in May, according to Friday's release of the U.S. Bureau of Labor Statistics' Employment Situation report. At the same time, the number of Americans employed part-time surged by 286,000 last month. This troubling shift in employment highlights an economy that is increasingly precarious for the most vulnerable, forcing many to settle for less stable and lower-paying jobs. That's Bidenomics. 

 

 Apr. 2024May. 2024Difference
Full-Time   133,889,000  133,264,000   (625,000)
Part-Time     27,718,000    28,004,000    286,000
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