The U.S. economy is facing a dramatic shift, as full-time jobs vanish and part-time employment becomes more prevalent. In August, the Bureau of Labor Statistics reported that 438,000 full-time jobs were lost, while 527,000 part-time positions were created. This trend has led to growing criticism of the Biden-Harris administration, with many arguing that the quality of jobs is declining.
President Donald Trump has been outspoken in his criticism, calling the loss of full-time jobs a “disaster for American workers.” He noted that part-time jobs typically offer fewer benefits and lower pay, leaving families struggling to make ends meet. “The administration is turning the U.S. labor market into a temp agency,” Trump said, pointing to the shift as evidence of economic mismanagement.
E.J. Antoni from the Heritage Foundation agreed, noting that this shift is common when the economy is headed toward a downturn. “Employers cut full-time jobs when demand is weak,” Antoni said, adding that this trend could signal a deeper recession on the horizon.
Despite the concerning data, the Biden administration has celebrated its job creation numbers, emphasizing that 16 million jobs have been added since they took office. However, critics argue that these part-time roles are not providing the financial stability that American workers need. As inflation continues to rise, the lack of full-time employment is leaving many families in a precarious position.