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Part-Time for Economic Reasons During the Global Financial Crisis
Net flows from part-time for noneconomic reasons to part-time for economic reasons contributed substantially to the overall increase in part-time for economic reasons during the Global Financial Crisis in the United States. This suggests that the increase in measures such as U-6 may have overstated the decline in labor demand during that period. However, this does not appear to reflect a general cyclical pattern.
Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.
Suggested Citation
Fallick, Bruce. 2025. “Part-Time for Economic Reasons During the Global Financial Crisis.” Federal Reserve Bank of Cleveland, Working Paper No. 25-20. https://doi.org/10.26509/frbc-wp-202520
This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
