The number of Americans working full-time remains a minority, but it has grown to 46%. While unemployment is 5.3%, that doesn’t mean employment is 94.7%. Work force participation is only 67.5%, which suggests 21.% are in the gap between full-time employment and official unemployment. As confusing as the definitions can be, the good news is that all of the trends are positive. It’s just worth also remembering that full-time jobs aren’t the norm; they’re just the biggest group.
(Click on the graph for the link.)