Americans are struggling
The number of people working MULTIPLE jobs in the US hit a near-record of 8.4 MILLION in May 2024.
That's a jump of 3 MILLION people since the pandemic low in 2020. This probably explains why part-time employment is skyrocketing, up +286,000 in May. All while full-time employment fell by -625,000 over the last month.
The reality is that many Americans are struggling and working multiple jobs to "fight" inflatiion
That's a jump of 3 MILLION people since the pandemic low in 2020. This probably explains why part-time employment is skyrocketing, up +286,000 in May. All while full-time employment fell by -625,000 over the last month.
The reality is that many Americans are struggling and working multiple jobs to "fight" inflatiion
![Source: Bloomberg](https://sgsnsimg.moomoo.com/sns_client_feed/102728403/20240608/639910900d51446ae193976798dcebd1.jpg/big?area=101&is_public=true)
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no name bbs Ultratech : no, it means cut rate will be delay or Fed raises interest rates…![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)