Business

Recovery? Almost All of the Jobs Added Since 2009 Have Gone to Part-Time Workers Ages 55 & Older

It’s no secret that a great deal of the jobs added in the last few years have been part-time jobs. In fact, as noted earlier on TheBlaze, part-time employment was almost entirely responsible for that miraculous dip in unemployment we saw earlier this month.

But here’s something you may not have known: Of the almost five million jobs added since late 2009, almost all of them have gone to part-time workers ages 55 and older.

“[S]tarting since the official NBER end of the recession in June 2009, the US has cumulatively added 2.9 million jobs,” Zero Hedge reports.

“However, when broken down by age cohort, 3.5 million of these jobs have gone to US workers aged between 55 and 69. Another 729K have gone to recent college grads aged 20-24,” the report adds.

This begs the obvious question: What about workers in their prime? That is, what about the 25-54 demographic? Well, that age demographic actually has lost 729,000 jobs since 2009.

You know what this means, right?

In other words, the US jobs “recovery” has been one that while “benefiting” part-time workers, and those who ordinarily would be exiting the labor force to focus on retirement (and can’t as they suddenly realize their savings under ZIRP [zero interest policy rate] are worthless while their fixed income portfolios return virtually nothing), has crushed American workers in their key work years, whose jobs instead have been taken by “veteran” workers who increasingly refuse to leave the workforce.

Behold:

Zero Hedges Chart on Part Time Employment Since 2009

Red = jobs gains for 20-24 demographic, Gray = 55-69. Below X-axis (i.e. job losses): Green = job losses for 16-19 demographic, Blue = 25-54. Courtesy ZH.

“So the next time a potential employer denies your job application because the job was just taken, speak to mom and dad: more than likely they applied for the same job, and got it,” the Hedge adds.

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Front page photo source courtesy the AP.

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Comments (58)

  • cemerius
    Posted on October 28, 2012 at 9:49pm

    I have a nice paying full time job but, the majority of my co-workers are in their 60′s and even a couple in their 80′s!!!! Go to McDonald’s and notice on the Seasoned Citizens serving you burgers!!! We need a change in Government and a Federal Government FOCUSED on job creation no matter what!!! Global Warming tree hugging whale humpers need to SIT DOWN and SHUT UP!!! Drill baby DRILL!!!

    Report this comment

    cemerius  
  • anothercomment
    Posted on October 27, 2012 at 8:47pm

    Finally, someone has reported the actual state of the economy, for those who really want (or need) to retire but can’t. Workers of this age group MUST WORK. The retirement that they worked towards, and responsibly managed disappeared in a matter of months, oh about, 3 TO 4 FLIPPIN’ YEARS AGO. And these are not the ‘dole’ recipients, which the media likes to talk about; these are people that must supplement their Social Security benefits (which they were required by law to pay into) which have shrunk, coupled with an unbalanced increase in basic necessities which are at an all-time high. These are not people that will apply for an EBT card, but will bag the groceries of young, garishly tattooed, multi-pierced, well manicure (and pedicured) grossly overweight younger crowd that have every ‘dole’ they can find…..

    Report this comment

    anothercomment  
  • COFemale
    Posted on October 27, 2012 at 1:06pm

    I am one of those part-time workers, but as far as the BLS is concerned I am not on their radar why?

    I took unemployment for about 7 months form Sep 2010 to April 2011, then I got a full-time temp job that lasted 3 months to July 2011. I also had that part-time adjunct that started in Jan 2011, thus only collecting partial unemployment. From April 2011 I was not collecting any unemployment and never did again. I dropped off the unemployment radar. The part-time teaching is semester by semester work, thus I am not guaranteed a next semester teaching job. This happened in the summer of 2012. I picked up classes for the Fall 2012. Thus I think I am not counted in the Labor Statistics. I am 61 in 13 days.

    How many of those senior part-time jobs fall in my category or how many are not even counted?

    Report this comment

    COFemale  
  • ellietoo
    Posted on October 27, 2012 at 11:07am

    For decades now many employers hire only temporary or part time workers. Anyone that wants a full time job at these places has to take part time work and hope they will eventually work into a full time position. Business and industry has got the worker by the tail. They don’t want to have to pay anyone a full time wage and benefits. Obamacare will make the situation worse.

    Report this comment

    ellietoo  
  • Claus
    Posted on October 27, 2012 at 10:41am

    Until and unless Obama Care is repealed or replaced with a plan that does not crush employers (and individuals), all the new businesses under construction will be staffed by part time workers who can only work 29.4999 hours per week or less. In all likelihood, the more senior people being hired have a resume and a work history more substantial, more successful, and more Open and Transparent than then Senator Obama’s resume when the majority media helped David Axelrod puff his candidate up to Super Hero status, some sort of weird life raft that the Press are floating on. Candidate Obama demonized Candidate Hillary Clinton’s Health Care Plan by saying he would not try to force anyone to have health insurance. So we have the Economic Recovery from Hell thanks to another lie from the most secretive candidate in US history. Oh Press people, you can’t puff hard enough to keep your life raft floating, I hope. Learn to swim by doing your job – Investigate – do not Subjugate yourselves to a President you helped elect, once upon a time.

    Report this comment

    Claus  
    • Mateo
      Posted on October 27, 2012 at 10:59am

      If I’m not mistaken, people who are on Medicare are exempt from the Individual Mandate for employers, right? Could be businesses would prefer them since they don’t have to provide insurance for them.

      Report this comment

      Mateo  
  • blanco5
    Posted on October 27, 2012 at 9:21am

    If I had my own business I would certainly hire older workers! They are usually drama free b/c they’ve done and seen it all. They are reliable, appreciative, and experienced. I LOVE when I see older workers–more power to them!

    Report this comment

    blanco5  
    • blanco5
      Posted on October 27, 2012 at 9:26am

      Oh, and of course—-their WORK ETHIC is top notch. The youth that we are pumping out now can’t touch the older worker’s work ethic.

      Report this comment

      blanco5  
  • chucksue351
    Posted on October 27, 2012 at 8:15am

    wake up its not any one president they are only the visible figurehead of the problem

    Report this comment

    chucksue351  
    • RamonPreston
      Posted on October 27, 2012 at 10:52am

      You are right. Our president is a puppet. It doesn’t matter who is in office. But I would like an American in the office.

      Report this comment

      RamonPreston  
  • Bronco II
    Posted on October 27, 2012 at 5:40am

    The reason WE OLD FOLKS are getting the jobs because the lazy leaches don’t really want to work.I’m 57 and I work full time in the manufacturing field and I took a $2 cut because I would rather work then collect unemployment yes I got laid off in 2008 from a job I worked at for 12 years was I mad or upset NO I don’t ever take it personal and I know my employer they are good decent caring people it’s a small family owned and I still work for them on occasiion when they need help and guess who they call me and I know they can’t afford to train someone that I learned over the 12 years and yes they were up front and said they can’t pay me what I was making before the lay off and I said no problem you were always very good to me and I want to work and help you so I worked weekens last year for almost a year along working full time at my now permanant job and I thanked GOD for the blessing and I may do it again at the end of the month GOD PROVIDES FOR MY NEEDS and has been there with me since 2008 and so there you have it the OLD FOLKS ROCK.

    Report this comment

    Bronco II  
    • Small_Craft_Advisory
      Posted on October 27, 2012 at 7:41am

      This is the Obama recovery, doesn’t it fill you with hope? The administration did back flips over the third quarter GDP, a pathetic 2.0 percent, which next month will be quietly revised downward. Type “damon koch small craft” into your search engine to read fresh political commentary.

      Report this comment

      Small_Craft_Advisory  
  • Bronco II
    Posted on October 27, 2012 at 5:30am

    Well this is right up my alley I’m 57 years old and yes I have a full time job I worked as a temp for them for nine months I didn’t miss one day except I left a half a day to go to the hospital to be with my family and my sister who passed away after four weeks of being on a ventlator and surgery and she never came out of it.I have been working since I was 14 all the jobs I have had I never got fired from and most I worked there from 4 to 12 years and they either went out of business or there was a layoff and that is never personal because I’ve been called back when things got better for the business and I go to work at 6 am I get up at 4am and I love it and I put most of the younger ones to shame because they whine about everything we have no A/C and believe me in Fl it gets hot and yes when I get home the first thing I do is hit the shower and yes I’m tired but not from the work the heat will drain you but I’am Blessed to be working and I get up the next morning and do it again.See the OLD FOLKS we have been raised with WORK ETHICS and to be self-reliant yes it’s hard but GOD never promised us a rose garden and HE provides my needs all of them including my job but employers know we are dependable and care about what we do and I will always give 100% to my job always have and I keep my job by DOING my job so I say GO OLD FOLKS.And I’ll add I took a $2 cut because I like what I do and money doesn’t buy happiness but it keeps me from going on the government dole.

    Report this comment

    Bronco II  
  • Chuck Stein
    Posted on October 27, 2012 at 2:33am

    Obama’s popularity must be cruising in the over 55 demographic. Yeah, sure.

    Report this comment

    Chuck Stein  
  • Lennon was a closet Republican
    Posted on October 27, 2012 at 1:53am

    Hey, the old guys finally catch a break.

    Report this comment

    Lennon was a closet Republican  
    • Wolf
      Posted on October 27, 2012 at 8:24am

      Not really much of a break with these part time jobs… when the hours are cut back after the seasonal rush and PT workers aren’t ‘let go’, but rather ‘on call’ or ‘available’- but not working.

      Report this comment

      Wolf  
  • Chromo200
    Posted on October 27, 2012 at 1:31am

    And people in Ohio don’t want to believe this. And wait till the Jeep plant closes and moves to China, and Cadillac also starts building in China. Biden shows up in Wisconsin and they are going to lay off 450 people in Oshkosh truck plant.

    People are so into drinking the Obama Kool-Aid, they don’t want to believe that Obama is lying to them.. They just believe all this mess is due to Bush and they are stuck at that point. The Obama supporters believe that Obama is going to make life great for them, but can’t see that in 4 years he has done nothing but rob them and made their life worse. They have low paying part time jobs, kids have moved back in, and they can’t gas for their cars .. oh but then Obama Care is going to take care of them.

    Wake up people in Iowa, Colorado, Florida, Ohio, Virginia, Pennsylvania, and Wisconsin, help us vote the liar out of office.

    Report this comment

    Chromo200  
    • RamonPreston
      Posted on October 27, 2012 at 10:56am

      Obama is always blaming Bush. I forget, how are they related? Besides Obama said he could handle the job, didn’t he? His “divine presence” would straighten everything out.

      Report this comment

      RamonPreston  
    • AmazingGrace8
      Posted on October 27, 2012 at 7:34pm

      What I don’t understand are the states that have Republican Governors and are doing well….these states don’t want to realize that the “conservative-approach” is why the state is doing well with low unemployment a surplus of tax dollars DESPITE having to deal with this admin….in others words, the Republican Governors have been doing “double-duty” just to keep their state a float. However, seems most of the citizens still want the “bad-boy-boyfriend” and “toss-aside” the “good works” of the Republican Governor.

      Report this comment

      AmazingGrace8  
  • Metallicat
    Posted on October 27, 2012 at 12:11am

    Obamas American dream where the middle class is the limit unless you are a member of the ruling elite,the propagandist in the MSM and entertainment,or the educators in academia who brainwash our youth or a cronie business partner. In Obamas America the middle class will be the limit, controlled by taxation that will eventually push everyone into poverty,as the incomes decline and the rich disappear,leaving only the middle class left to tax,eventually leaving all citizens poor.

    Report this comment

    Metallicat  
    • bluegrandma52
      Posted on October 28, 2012 at 4:54pm

      Oh, there will be the rich, all right. The party apparatchiks will be doing very well on the our dime. Lavish soirees, limousines, big homes in gated communities, just like the party bosses in Russia, China and those other highly successful “democratic peoples’ republic of….” places. The rest of our population will be living in 700 sq ft cold water flats and living the good life as peons of the State.

      Report this comment

      bluegrandma52  
  • DOra Glasberg
    Posted on October 26, 2012 at 11:53pm

    So Bubba,
    Are you saying this guy and his father were millionaires WHEN THEY STARTED?
    If not, I don’t know what your saying.

    Idea and Demand start companies not money.
    Money can be borrowed.

    Report this comment

    DOra Glasberg  
    • Just_Bubba
      Posted on October 27, 2012 at 9:59am

      Yes Dora they were well off enough to start a manufacturing business with their own money…like poor people do in your world. Their wealth came as a reward for hard work and back then the government didn’t try to claim their money as it’s own. They DID build it. You see, there was this thing called pioneering and homesteading as well as actual cash purchases of idle land. People were actually able to clear forest out here and then develop it and it became theirs. I’m the seventh generation on this land and WE own it. We built it, not you. When will you get it that poor people can hire nobody. Try to make a rich man poor and he will remove his wealth from your system. You end up with less jobs…get it yet? you blockhead.

      Report this comment

      Just_Bubba  
    • DOra Glasberg
      Posted on October 27, 2012 at 3:32pm

      So when are the Romneys Cheneys and Bushs gonna start?
      Mitt hasn’t worked in 10 years

      Report this comment

      DOra Glasberg  
  • Metallicat
    Posted on October 26, 2012 at 11:52pm

    Part time jobs are the only available jobs in my area as well. no one wants to hire full time because of Obozocare. It also seems like they dont want to hire you unless you provide them with tax credits as well.

    Report this comment

    Metallicat  
  • Caniac Steve
    Posted on October 26, 2012 at 10:58pm

    Oh Sure!! Blame it on the old folks now !!

    Report this comment

    Caniac Steve  
  • watashbuddyfriend
    Posted on October 26, 2012 at 10:48pm

    Ok, let’s just look at the BLUE States that gave us Obama!

    Those in the 47% category do not care where their money comes from, but are leaning to Obama as their best choice. Wake up 47-percenters cause you are screwed at the pump, the grocery, everywhere gas affects the price.

    Report this comment

    watashbuddyfriend  
  • The-Monk
    Posted on October 26, 2012 at 10:27pm

    Where I live we have a lot of liberals that will be coming by for free Halloween treats. I’m thinking about putting a sign on my door that reads…

    “Unemployed and cannot afford candy for you this year. Please thank President Obama for this. Do you expect any candy next year?”

    Any ideas about this? (No trolls please) I wonder what would happen if this were done all over America before the election? Also, I am unemployed and really cannot afford to give out candy this year.

    Report this comment

    The-Monk  
  • Snowleopard {gallery of cat folks}
    Posted on October 26, 2012 at 10:25pm

    To cause massive change in any social system across all aspects as fast and hard as possible:

    Ensure the young adult to middle age are disconnected with the economic system (the 25-54 years of age) so as to make them as beholdened to the government as possible; via job assist, financial/utility and housing (mortgage) assist programs.

    Place blame for the economic pitfalls and ongoing shock waves and turmoil (real and propagandized) on the previous adminsitrations policies. At the same time ensure your own party and those loyal to the ideology can the message – were on your side all the time.

    Do the same for the 20-24 group by assisting with jobs and college debt; employ them with the government directly or indirect (FEMA corp/Americorp). Make them indebted to you for THEIR success in life.

    In high/middle schools, work the education system to benefit loyalties and perceptions to your long term goals and party interests for the generation to come. Promise them anything, and show them how special they are in some manner (Hit*er youth…)

    Such changes take 8-12 years to fulfill the basics of in most sytems the first four being the most critical. Look to the USSR (Russia), China, or the old Third Republic of Germany in the 1930s.

    The same amoral leadership then is what we have now. Difference is we can change our destiny if we make the effort.

    Report this comment

    Snowleopard {gallery of cat folks}  
    • urbanedan
      Posted on October 26, 2012 at 10:54pm

      Brilliant analysis and oh so true. Too bad the benight public will fall for it everytime.

      Report this comment

      urbanedan  
  • banjarmon
    Posted on October 26, 2012 at 10:14pm

    Small business is the backbone of this Nation, Under this administration there back is broken under the regulations required of them…
    A stable Government will allow These small companies to grow…This is Romney’s plane

    Report this comment

    banjarmon  
  • Just_Bubba
    Posted on October 26, 2012 at 10:12pm

    I quit working in 2009 because I was tired of seeing my taxes wasted and taken for granted. They can’t spend what isn’t given to them. That’s right Oblamo, our money is not your’s. I never claimed benefits so I was never counted as unemployed (like many people). That’s right Oblamo, some people can actually live off the fruits of their own labor.
    I went back to work last Dec.to escape winter boredom more than anything. I can work as either an engineer or master mechanic so jobs are easy to get. In the process I have taken a good job from a younger worker and I have years to go before my real retirement begins.
    Oblamo’s recovery is screwing the very base he courts. How stupid are they?

    Report this comment

    Just_Bubba  
    • Gary_K
      Posted on October 26, 2012 at 10:17pm

      How stupid are they?

      A pile odonkeyky poo comes to mind.

      Report this comment

      Gary_K  
  • DOra Glasberg
    Posted on October 26, 2012 at 10:09pm

    What’s your point?
    Aren’t they entitled to jobs too?

    Report this comment

    DOra Glasberg  
    • SCREW-WINDOWS
      Posted on October 26, 2012 at 10:20pm

      The 80yr old working at Mcdonalds tends to forget you ordered extra mayo and no pickle.

      Report this comment

      SCREW-WINDOWS  
    • PatriotDadOfSix
      Posted on October 26, 2012 at 10:50pm

      Hello Newman, and NO, they’re not ‘entitled’ to a G*D D*MN thing! If they wish to platoon for my job and prove themselves worthy, then they may replace me. But I’ll be Dam*ed if I just relinquish my employ out of some supposed ‘entitlement’. MOLON LABE ! As you probably don’t understand the reference, it means ‘Come and Take It’!

      Report this comment

      PatriotDadOfSix  
    • Walkabout
      Posted on October 27, 2012 at 11:07am

      Are the entitled to jobs? Well let’s not debate the concept of entitled. Let’s just look at the the toype of job they are getting. Part time.

      That really sucks. Not much good can be said of a part time job. In the Midwest you need north of $ 30k to keep your head above water & start making way. You need more along the costs or large metro areas.

      So what good is it? It makes the U3 (Unemployment) #s look good for the political class.

      It is poverty.

      Report this comment

      Walkabout  
    • DOra Glasberg
      Posted on October 27, 2012 at 3:31pm

      55 with 3 kids isn’t 80.
      What a silly answer.

      Report this comment

      DOra Glasberg  
  • whiterightwingchristianmale
    Posted on October 26, 2012 at 10:02pm

    Obama has decimated this nation. Liberalism in this election, is going to be rejected in a landslide win for President Romney. Gallup R 51% O 46% MANDATE!

    Report this comment

    whiterightwingchristianmale  
    • ProgressivePete
      Posted on October 26, 2012 at 10:14pm

      The New York times poll has Obama winning Ohio by 4-6 points. Without Ohio, it will be difficult for Romney to win

      Report this comment

      ProgressivePete  
  • ProgressivePete
    Posted on October 26, 2012 at 9:58pm

    Romney and the GOP talk a lot about jobs but many famous job creators such as Steve Jobs, Mark Cuban, Bill Gates, and Snoop Dogg have endorsed Obama. The economy is better off than 4 years ago because in 2007-2008 we were facing an economic recession.

    Report this comment

    ProgressivePete  
    • whiterightwingchristianmale
      Posted on October 26, 2012 at 10:11pm

      PETE….You know that President Romney, will have a positive effect upon the economy, just by being elected. The stock market will rejoice.

      Report this comment

      whiterightwingchristianmale  
    • DOra Glasberg
      Posted on October 26, 2012 at 10:11pm

      ANd these guys were not millionaires when the invented AND MADE THINGS!
      Romney only harvests (destroys,” companies for profit.
      The Romneys and their ilk CREATE NOTHING but wealth for themselves
      and slave wage jobs in Asia.

      Report this comment

      DOra Glasberg  
    • 2MINUTESTOMIDNIGHT
      Posted on October 26, 2012 at 10:11pm

      Pete, you are almost as smart as your old drunk uncle Joe. Almost.

      Report this comment

      2MINUTESTOMIDNIGHT  
    • Gary_K
      Posted on October 26, 2012 at 10:14pm

      I will pray that you regain your senses.

      Report this comment

      Gary_K  
    • SITDOWNANDSHUTUP
      Posted on October 26, 2012 at 10:18pm

      And we’ve added more than $5 trillion to our National Debt in the past four years. BS/BO said he was going to cut the debt in half (that would have been approximately $5.3 trillion at the time), so the debt is actually $10.5 trillion higher than BS/BO’s campaign promises.

      And you say we are better off now?????? I knew that progressives were idiots, but you are obviously the cream of the crop. Recessions come and go, but idiots like you seem to hang around forever.

      Report this comment

      SITDOWNANDSHUTUP  
    • SITDOWNANDSHUTUP
      Posted on October 26, 2012 at 10:21pm

      Dora !!!!! You’re back !!!!!

      And you replied to PP’s comment, how sweet.

      Seems like idiots flock together. So that makes you two a perfect match.

      Report this comment

      SITDOWNANDSHUTUP  
    • SCREW-WINDOWS
      Posted on October 26, 2012 at 10:24pm

      The only ones better off are select cronies.

      Report this comment

      SCREW-WINDOWS  
    • 2MINUTESTOMIDNIGHT
      Posted on October 26, 2012 at 10:27pm

      Pete and Dora, how about you two geniuses go live in a communist country for a while and then report back in a few years? If you like it you can keep spouting your nonsense. Deal?

      Report this comment

      2MINUTESTOMIDNIGHT  
    • Just_Bubba
      Posted on October 26, 2012 at 10:30pm

      Dora is wrong again…the guy I work for now started this company with his father 25 years ago. He is now quite well off and employs 75 people. How many poor people have you worked for Dora? We have trucks leaving our loading docks filled with product every day. That’s right Dora, we MAKE things right here in America and we do it by being better at making our products than anyone else.

      You little whiney pukes like to claim all the jobs are somewhere else so you don’t have to look for a job. Don’t bother, I have yours now and I’m not giving it back. I really don’t need the money but after OWS it’s been fun taking your generation’s jobs away. You all don’t deserve a real job yet. Maybe someday you will all be something…I doubt it. Try 25% unemployment rate for a decade or two and see how well your boy has done. Idiot.

      Report this comment

      Just_Bubba  
    • progressiveslayer
      Posted on October 26, 2012 at 10:58pm

      Pete you progressive pustule on humanity please refrain from making idiotic comments,I know it’ll be difficult for you because well you’re a progressive and they’re all idiots but try extra hard okay.

      Report this comment

      progressiveslayer  
    • 2MINUTESTOMIDNIGHT
      Posted on October 26, 2012 at 11:17pm

      Every time a progressive opens his/her mouth, stupid flows out like a river

      Report this comment

      2MINUTESTOMIDNIGHT  
    • mauijonny
      Posted on October 27, 2012 at 7:26am

      Hahaha, PP -”…Snoop Dog…” You have an excellent/sublime sense of humor.

      Anyways, I’m in my 50′s, am a woman, have a 4 yr science degree, and ran my own business for several years. I went on UE after getting laid-off last year; couldn’t get a job, so decided to take matters into my own hands and made some money designing websites. I reported this to the unemployment office and was able to stop taking unemployment for several months. However, once this business started slowing down and I reapplied for unemp, I was denied because I “was unwilling or unable to seek employment” via spending time updating/maintaining the sites I’d built and trying to get new clients – in addition to looking for “real” employment. I was told I should be “available to seek employment 24/7.” So…I was trying to do the right thing and got hammered. Also interesting to note that you can stay on welfare if you merely “journal.” Anyways, in addition to a few, sporadic design jobs, I’m now working about 10 hrs a week washing dishes at a local pizza place, living with a God-sent friend, and getting food from my local church. Apparently, I’m 1 in nearly one million women who have been reduced to poverty by the actions of this administration. And this dumbass thinks it’s cool to ask me to vote like my “lady parts” depended on it??? I just sincerely, with every fiber of my being, want 0 GONE.

      Report this comment

      mauijonny  

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