The jobless figures from the Department of Labor this morning offered some hope. The overall unemployment rate dipped to 8.5 percent, the lowest level since 2009.
What wasn’t hopeful was growth in the number of people holding multiple jobs.
It’s one of the stark realities of today’s job market. Good-paying jobs are being lost, and many aren’t being replaced. As a result, some workers are finding they need more than one job to make ends meet — or at least keep up their standard of living, said Ellen Ernst Kossek, a human resource professor at Michigan State University’s School of Labor & Industrial Relations.
More than 7 million Americans are working two or more jobs today, up from 6.8 million in 2010, and 6 million in 2009, according to the Bureau of Labor Statistics. (more…)