A significant shift in the U.S. job market is raising alarm bells, as the number of full-time jobs declines while part-time positions are on the rise. The latest report from the Bureau of Labor Statistics shows that in August, 438,000 full-time jobs were lost, while 527,000 part-time jobs were added. Critics argue that the Biden-Harris administration’s economic policies are contributing to the decline in higher-paying, full-time employment.
President Donald Trump has expressed concern over this trend, calling it a “sign of impoverishment” for American workers. He emphasized that part-time jobs often offer lower wages and fewer benefits, making it harder for families to achieve financial stability. Trump’s criticism highlights a broader concern that the administration’s policies are failing to protect full-time employment opportunities.
Researcher E.J. Antoni of the Heritage Foundation noted that this shift is often a precursor to economic recession. “The loss of full-time jobs is a major red flag,” Antoni said. “Businesses are shedding these positions because of uncertainty in the market.”
The Biden administration, however, continues to defend its economic record, touting the creation of 16 million jobs since taking office. Despite these numbers, many Americans are finding that the jobs being created are part-time, lacking the benefits and pay necessary for a stable income. With inflation still a major concern, the shift away from full-time employment is making it harder for many families to stay afloat.
