Monday, October 20, 2008

Needed: 17 million full-time jobs now!

Data released by the Economic Policy Institute last week reveal a worsening unemployment rate has combined with a 14 year high in the underemployment rate. The underemployment rate counts unemployed workers, "involuntary" part-time workers, and people who are "marginally attached" to the labor force by want and need steady full-time work.

According to EPI, "The underemployed currently includes about 9.5 million unemployed workers, 6.1 million involuntarily part-time workers, and 1.6 million workers only marginally attached to the workforce."

That is more than 17 million people who need steady, full-time work.