Gallup

Unwilling Part Time, Unemployed Alike in Financial Well-Being

STORY HIGHLIGHTS

  • Involuntary part-time workers have poor financial well-being
  • They experience as much food and healthcare insecurity as unemployed
  • Percentage of workforce that is involuntarily part time starting to decline

WASHINGTON, D.C. — The financial well-being of part-time U.S. workers who are seeking full-time work is similar to the financial well-being of the unemployed, according to the Gallup-Healthways Well-Being Index. Thus far in 2015, the financial well-being score for this group, what Gallup calls involuntary part-time workers, is 46.3, compared with 44.6 for the unemployed and 60 for full-time workers who work for an employer. And while 23% of unemployed workers are thriving financially, this is true for just 18% of involuntary part-time workers.

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