Yeah, I'd want to know a lot more about data collection and criteria, but "rising" seems like a blatant lie, unless you mean "since everyone was forbidden from working for two months in 2020"
It is a blatant lie. It's part of the "we need to get Biden out of office because he's actually been competent" push by foreign agents. Same as it was the past three election cycles. We're being bombarded with propaganda on this site because if young people don't vote or a few percentage points of that vote goes to Trump then Russia and China will get to do whatever the fuck they want.
Agreed 100%. BOTH full time job holders adding a second job AND those just holding 2 part time jobs just slowly have been and finally reached back to prepandemic levels.
Reading between the tea leaves I take this chart TOTALLY different then it intended propaganda effect. My question is wanting to know MORE info... Does this mean since 2020... 1. We have been so highly employed and well compensated no one has needed/ wanted a secondary job? or 2. Are folks really not working at all decreased since pandemic and that is why the total % of folks even in these subcategories down as well?
Anyone want to shed some light? Thanks in advance.
p.s. All the more curious as we have had serious inflation not seen since late 1970's during this time period and only now reached levels of multiple jobs like we did prepandemic.
https://fred.stlouisfed.org/series/CIVPART
Labor participation peaked in the late 90’s at 67%, then dropped to 63% by 2015, then started to recover from there until COVID hit. Since the shutdowns, it has rebounded sharply back to 63% as of April. If boomers age out, they are no longer counted by definition.
What data supports the long COVID being a big issue?
Look at prime age labor participation rate for a better metric.[It removes the variable of the changing labor force by limiting it to only those between 25-54.](https://fred.stlouisfed.org/series/LNS11300060). This allows us isolate those retired or the typical high school college years out of the data for more comparable metric over the years. This data shows us as better off than pre-covid, though it doesn't say anything about long covid being the cause of the issue.
When you get old enough, you learn that this chant gets real popular during Democrat Presidency and then fades when the other guys get in power.
I heard it a bunch during Clinton and Obama years ago
I don't think we're looking at the same chart. The one in this post shows a sharp, sustained climb faster and more steady than any before measured. Don't assume the trajectory will change without any credible prediction that might cause that.
There's a sharp rise for all job metrics coming out of the pandemic. I don't really see any reason there would be a sustained trajectory, when this metric never has a sustained trajectory.
https://fred.stlouisfed.org/series/LNS12300060
https://fred.stlouisfed.org/series/UNRATE
https://fred.stlouisfed.org/series/PAYEMS
The difference is a global market shift of increased inflation that's never happened before.
Don't misunderstand; I hope it stops. But to assume it will stop any time soon under current conditions is willful ignorance to the situation. It looks like it will get worse before it gets better, if it ever does get better.
https://xkcd.com/605/
You can’t extrapolate like that.
By 2080 101 percent of people will have multiple jobs!
By 2090, we’ll all be working 170 hours a week!!!
It shows covid ending, not a marked change in the labor market relative to prior to covid. Current levels are indistinguishable from 2009-2020; if the increase were sustained for another 4 years and put us above 6%, that'd be notable and interesting, but currently this is a fully expectable nothingburger
We're on a sharp increase in people going hiking over the past 4 years, too, but I don't think we're on track to suddenly become a super fit nation of avid hikers. It's just that a lot shut down during the pandemic and is now approximately back to the previous status quo, and the line from "shut down" to "previous status quo" is unavoidably an increasing line
>Don't assume the trajectory will change without any credible prediction that might cause that.
The credible prediction is "a pandemic which shut down or reduced activity in some sectors of society has ended, so those sectors of society will likely return to close to their previous levels"
That’s my take too. The raw numbers and the percentage is rocketing at a high up trend. I wonder if gig type jobs are accounted in this. I’d bet if it’s not, it’d skew these numbers even more into higher % and total numbers.
No, its showing that it’s a tiny percentage of people that has been gradually declining since before Reddit existed or many of the people saying that were even born.
That it was fairly steady until the brief COVID plunge? We're past recovery now. Again, you're just supporting what I'm saying is there: our current multiple job employment trend isn't looking good.
Anecdotally I know more people who work full time and then do something related part time (consulting on the side in the same field, doing a secondary job which is a little akin to volunteering but tracked as work, actually work a part time hourly wage, etc) than I do who work two part time hourly jobs, so it doesn't seem hard to imagine though it's probably setting dependent
We used GGPlot2 in R and the following data sources:
* [Primary Job Full Time, Secondary Job Part Time](https://fred.stlouisfed.org/series/LNU02026628)
* [Both Jobs Part Time](https://fred.stlouisfed.org/series/LNU02026625)
* [Total Nonfarm Payrolls](https://fred.stlouisfed.org/series/PAYNSA)
* [Total Multiple Jobholders](https://fred.stlouisfed.org/series/LNS12026620)
* [Multiple Jobholders as a Percent of Employed](https://fred.stlouisfed.org/series/LNS12026619)
This data shows shifts in the U.S. labor market, particularly during and after the COVID-19 pandemic, also from 1994 to 2024:
* **Primary Full-Time, Secondary Part-Time Jobs**: Peaked at 3.97% in 1996, dipped to 2.34% in 2020, and rebounded to 3.07% by 2024.
* **Both Jobs Part-Time**: Fluctuated between 1.56% in 1995, 0.9% in 2020, and 1.32% in 2024.
* **Overall Multiple Jobholders**: Dropped to 5.4 million (4%) in April 2020 during the pandemic, rising to 8 million (5.2%) by 2024.
We look forward to hearing your feedback
Someone has to be that guy, so I will ask. What about this series is particularly interesting or informative? Likewise why do you consider it as a rising trend and not reversion to mean?
Honestly it just looks like like one of many UE series showing a drop during the pandemic and reversion to the mean.
Why did you use the word “rising” in the title? All the data shows the percentage is going down from your own bullet points. The only metric that has gone up is the total number of people that have two jobs, but that’s literally due to population growth of the country.
There’s 70M more people in the US than 30 years ago, so of course the total number of people working multiple jobs has increased.
Looks like it’s just returned to about the average that it’s been hovering at for the last 20+ years.
Yeah, I'd want to know a lot more about data collection and criteria, but "rising" seems like a blatant lie, unless you mean "since everyone was forbidden from working for two months in 2020"
It is a blatant lie. It's part of the "we need to get Biden out of office because he's actually been competent" push by foreign agents. Same as it was the past three election cycles. We're being bombarded with propaganda on this site because if young people don't vote or a few percentage points of that vote goes to Trump then Russia and China will get to do whatever the fuck they want.
Agreed 100%. BOTH full time job holders adding a second job AND those just holding 2 part time jobs just slowly have been and finally reached back to prepandemic levels. Reading between the tea leaves I take this chart TOTALLY different then it intended propaganda effect. My question is wanting to know MORE info... Does this mean since 2020... 1. We have been so highly employed and well compensated no one has needed/ wanted a secondary job? or 2. Are folks really not working at all decreased since pandemic and that is why the total % of folks even in these subcategories down as well? Anyone want to shed some light? Thanks in advance. p.s. All the more curious as we have had serious inflation not seen since late 1970's during this time period and only now reached levels of multiple jobs like we did prepandemic.
[удалено]
https://fred.stlouisfed.org/series/CIVPART Labor participation peaked in the late 90’s at 67%, then dropped to 63% by 2015, then started to recover from there until COVID hit. Since the shutdowns, it has rebounded sharply back to 63% as of April. If boomers age out, they are no longer counted by definition. What data supports the long COVID being a big issue?
Look at prime age labor participation rate for a better metric.[It removes the variable of the changing labor force by limiting it to only those between 25-54.](https://fred.stlouisfed.org/series/LNS11300060). This allows us isolate those retired or the typical high school college years out of the data for more comparable metric over the years. This data shows us as better off than pre-covid, though it doesn't say anything about long covid being the cause of the issue.
Yep, agree that is an even better indicator. Thanks!
If you did a linear regression analysis on the 2nd table’s data I think you’d find a significant downward trend line.
This is going to be unpopular with the “[promising economic statistic] is just because EVERYBODY is working 3 jobs!” crowd
When you get old enough, you learn that this chant gets real popular during Democrat Presidency and then fades when the other guys get in power. I heard it a bunch during Clinton and Obama years ago
Careful, the hive mind doesn’t like it when you notice these things.
That's what it's showing, no? People working multiple jobs has been on the most steady, sustained, sharpest climb since the start of the chart.
It's moreso just showing the job market return to normal.
I don't think we're looking at the same chart. The one in this post shows a sharp, sustained climb faster and more steady than any before measured. Don't assume the trajectory will change without any credible prediction that might cause that.
There's a sharp rise for all job metrics coming out of the pandemic. I don't really see any reason there would be a sustained trajectory, when this metric never has a sustained trajectory. https://fred.stlouisfed.org/series/LNS12300060 https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/PAYEMS
The difference is a global market shift of increased inflation that's never happened before. Don't misunderstand; I hope it stops. But to assume it will stop any time soon under current conditions is willful ignorance to the situation. It looks like it will get worse before it gets better, if it ever does get better.
Inflation has largely come back down and it's been higher for longer before. It has very much happened before.
https://xkcd.com/605/ You can’t extrapolate like that. By 2080 101 percent of people will have multiple jobs! By 2090, we’ll all be working 170 hours a week!!!
It shows covid ending, not a marked change in the labor market relative to prior to covid. Current levels are indistinguishable from 2009-2020; if the increase were sustained for another 4 years and put us above 6%, that'd be notable and interesting, but currently this is a fully expectable nothingburger We're on a sharp increase in people going hiking over the past 4 years, too, but I don't think we're on track to suddenly become a super fit nation of avid hikers. It's just that a lot shut down during the pandemic and is now approximately back to the previous status quo, and the line from "shut down" to "previous status quo" is unavoidably an increasing line >Don't assume the trajectory will change without any credible prediction that might cause that. The credible prediction is "a pandemic which shut down or reduced activity in some sectors of society has ended, so those sectors of society will likely return to close to their previous levels"
That’s my take too. The raw numbers and the percentage is rocketing at a high up trend. I wonder if gig type jobs are accounted in this. I’d bet if it’s not, it’d skew these numbers even more into higher % and total numbers.
No, its showing that it’s a tiny percentage of people that has been gradually declining since before Reddit existed or many of the people saying that were even born.
Does anything stand out to you right before that climb?
That it was fairly steady until the brief COVID plunge? We're past recovery now. Again, you're just supporting what I'm saying is there: our current multiple job employment trend isn't looking good.
And what rate was it at before the COVID plunge?
How many weekly hours count as full time in US?
Historically 40 hours / week. I believe that the technical requirement is 36 hours / week for healthcare eligibility, but 40 is the de facto standard
It's 35 by the BLS's definition, though many benefits only require 32 or even 30.
Huh. Today I learned that multiple job holders are much more likely to have a full-time job in the mix than 2 part time jobs.
Anecdotally I know more people who work full time and then do something related part time (consulting on the side in the same field, doing a secondary job which is a little akin to volunteering but tracked as work, actually work a part time hourly wage, etc) than I do who work two part time hourly jobs, so it doesn't seem hard to imagine though it's probably setting dependent
This is difficult to read, not data is beautiful.
Can you elaborate? I look at charts all day but thought it was well presented. Curious
We used GGPlot2 in R and the following data sources: * [Primary Job Full Time, Secondary Job Part Time](https://fred.stlouisfed.org/series/LNU02026628) * [Both Jobs Part Time](https://fred.stlouisfed.org/series/LNU02026625) * [Total Nonfarm Payrolls](https://fred.stlouisfed.org/series/PAYNSA) * [Total Multiple Jobholders](https://fred.stlouisfed.org/series/LNS12026620) * [Multiple Jobholders as a Percent of Employed](https://fred.stlouisfed.org/series/LNS12026619) This data shows shifts in the U.S. labor market, particularly during and after the COVID-19 pandemic, also from 1994 to 2024: * **Primary Full-Time, Secondary Part-Time Jobs**: Peaked at 3.97% in 1996, dipped to 2.34% in 2020, and rebounded to 3.07% by 2024. * **Both Jobs Part-Time**: Fluctuated between 1.56% in 1995, 0.9% in 2020, and 1.32% in 2024. * **Overall Multiple Jobholders**: Dropped to 5.4 million (4%) in April 2020 during the pandemic, rising to 8 million (5.2%) by 2024. We look forward to hearing your feedback
Feedback: data is solid. Headline is clickbait.
Someone has to be that guy, so I will ask. What about this series is particularly interesting or informative? Likewise why do you consider it as a rising trend and not reversion to mean? Honestly it just looks like like one of many UE series showing a drop during the pandemic and reversion to the mean.
Why did you use the word “rising” in the title? All the data shows the percentage is going down from your own bullet points. The only metric that has gone up is the total number of people that have two jobs, but that’s literally due to population growth of the country. There’s 70M more people in the US than 30 years ago, so of course the total number of people working multiple jobs has increased.
Does this data account for the "side hustle" culture of generating income but not necessarily reporting it?
The data does not include data that was not reported because that data was not reported so it is not reportable data.
A lot of boss babes out there