In a troubling trend, the U.S. economy is losing full-time jobs at an alarming rate. According to the Bureau of Labor Statistics (BLS), 438,000 full-time positions were lost in August, while part-time jobs surged by 527,000. This shift suggests that the quality of available jobs is declining, leaving many Americans forced to accept lower-paying, part-time work with fewer benefits.
Critics argue that the Biden-Harris administration’s economic policies are responsible for this transition. Part-time jobs typically offer less stability, lower salaries, and fewer benefits such as health insurance. President Donald Trump has expressed his concerns about the trend, warning that American workers are suffering under policies that prioritize short-term gains over long-term job security.
E.J. Antoni, a research fellow at the Heritage Foundation, emphasized that this shift often happens when the economy heads toward a recession. He stated that “employers are cutting full-time positions due to economic uncertainty and weak demand,” leading to a more precarious job market for American workers.
The Biden administration, however, continues to tout its job creation record, pointing to 16 million new jobs since they took office. But the question remains — what type of jobs are being created? The rise in part-time work suggests that while job numbers may be growing, the quality of those jobs is falling short of what many Americans need to support their families.