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Involuntary Part-Time Work: Here to Stay?

Rob Valletta and Catherine van der List FRBSF Economic Letter
The incidence of involuntary part-time work surged during the Great Recession and has stayed unusually high during the recovery. This may reflect more labor market slack than is captured by the unemployment rate alone. This suggests that involuntary part-time work may remain significantly above its pre-recession level as the labor market continues to recover.
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