Last week in Jackson Hole, Wyo., Federal Reserve Chair Janet Yellen spoke about the nation’s economic recovery and noted that despite signs of improvement, the labor market still faces many challenges. Among other things, Yellen touched on the high number of Americans working part time for economic reasons — 7.5 million people would like a full-time job but can’t find one, a figure that’s roughly 60% greater than the prerecession level.
Part-time jobs and the people who work 35 hours or less in a given position play a complex role in the economy. Our analysis from last year shows that of all the job postings on Indeed in September 2013, 16% were part-time jobs, that’s 1 part-time job for every 5 full-time job postings. We wanted to get an in-depth look at who’s searching for those jobs and where they’re coming from.
The Indeed Hiring Lab examined the job search data to get the breakdown of who’s interested in part-time jobs, slicing the data by four key dimensions: gender, work experience, occupation and location.
By gender, these data mirror employment data from the Bureau of Labor Statistics — of all the people employed part time, 60% are women and 40% are men. On Indeed, women make up 63% of people searching for part-time jobs. Searches for part-time jobs are consistently among the top search queries in 18 of 23 occupational categories, and the volume of clicks to part-time jobs tends to be consistent with the number of part-time jobs available in those occupations, with a few notable exceptions.
Our analysis also reveals the locations that draw the most interest in part-time jobs and the years of work experience that part-time job candidates have — cities with a relatively lower cost of living tend to be more attractive to job seekers looking for part-time work, and these jobs are mostly sought by people at the beginning and at the end of their careers.
These slices of data provide a view of what we might expect part-time employment to look like as the economy continues to pick up. To get the details on the role that part-time jobs play in the labor market, read the full article from the Indeed Hiring Lab.