"But Bureau of Labor Statistics data show only a small minority of Americans work multiple jobs. That percentage has been around 5% of working Americans since 2010, though it was higher before then. Last month 7.6 million, or 4.9%, of the 155.5 million working Americans had multiple jobs.
Are people working “60, 70, 80 hours a week”? Rarely. But for a brief dip during the recession, private-sector employees have worked an average of 34.2 to 34.6 hours a week since BLS began tracking the data in 2006. The average stood at 34.5 hours in June.
BLS considers 35 hours a week “full time,” so working 70 or 80 hours would be equivalent to two full-time jobs. Only 360,000 people worked two full time jobs in June—0.2% of the workforce. There may well be people working 60 hours a week or more on one job—but if that were common, the overall average for hours worked would be well above 34.5."
"In June, wages increased 3.8% year over year for retail-sector employees. It was their highest percentage increase since 2001 using June as the base year. Wages in the hospitality-and-leisure sector, including restaurants, rose 3.3% year over year—on top of a 4.3% increase in 2017. In a fast-growing economy, the demand for labor increases, and more employers have to pay above the applicable minimum wages to get employees."
Wednesday, July 25, 2018
Does Everyone Have Two Jobs?
By Andy Puzder in The WSJ. Excerpts:
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