Low Wage Work Goes Part-Time
Jed Graham of Investor's Business Daily has the numbers on workers making $7.25 to $10 an hour from the Current Population Survey. The lines represent the number of people working slightly more and slightly less than 30 hours a week, the Obamacare threshold for "full time," relative to the numbers in late 2011:
The ranks of $7.25-to-$10 hourly wage earners usually working 25- to 29-hour weeks in their primary job surged 17%, or 224,000, from the fourth quarter of 2012 to 2013.
Meanwhile, those very low-wage earners typically clocking 31- to 34-hour weeks in their main job fell 11%, or 84,000. Within this wage range, 35 hours-plus workers declined 7%, or 725,000.
Robert VerBruggen is editor of RealClearPolicy. Twitter: @RAVerBruggen