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The Rise of Part-time Employment



Type:   Working paper
Titre:   The Rise of Part-time Employment
Auteur(s):   Borowczyk-Martins, Daniel - Département d'économie (Auteur)
Lalé, Etienne - Department of Economics (University of Bristol) (Auteur)
Date de publication:   2016-05
Collection:   Sciences Po Economics Discussion Papers  :  2016-04
Mots-clés:   [en] Employment; Part-time work; Labor market flows; Secular trends; Business cycles
Résumé:   [en] We construct new monthly time series of U.S. labor market stocks and flows from 1976 onwards. These data reveal an upward secular trend in turnover between full-time and part-time employment, and a large cyclical component chiefly explained by fluctuations in involuntary part-time work. Both short-run and long-run reallocations occur mostly without an intervening spell of non-employment, and therefore cannot be uncovered without splitting employment into finer categories. We emphasize the importance of our findings for several active debates, such as the slowdown in U.S. labor-market dynamism, changes in job stability and security, and the assessment of labor-market slack.


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