45,000 MORE MEN WORKING TWO FULL-TIME JOBS
Imagine juggling two-full time jobs. About 198,000 men managed this balancing act last month — a sharp increase of 45,000 year-over-year. True, that's a small share of the 145.7 million working Americans. But it reveals something critical in an economy in which several million Americans can't land one job, let alone two.
The number of Americans with two full-time jobs usually rises when times are flush and reliable employees are hard to find. That's not true now. Nearly 3.5 million people have been jobless for more than six months. When people take a second job, they do benefit financially as individuals. Yet it means someone else is stuck on the unemployment rolls without any job. The trend suggests that many employers are writing off some of the unemployed in favor of those already holding a job.
"That's 45,000 other people who didn't get a job," said Shierholz of the Economic Policy Institute.