Thursday, April 10, 2014

Fewer people are working full-time  says 42.7% of adults are working full-time.

The percentage has been dropping since it hit a peak of 45.7% in late 2012.

Are you surprised? I was. I would have guessed that a solid majority of adults are doing the 9-5, Mon-Fri thing….

Our population is aging. More than 70 million Baby Boomers are starting to retire.

This has economic and fiscal consequences. Fewer workers are paying Social Security taxes, and more folks are collecting Social Security.

Keep in mind that people who are working full-time generally pay more taxes than those who aren’t.

For the record, Gallup counted only people who are working full-time for a paycheck, and did not count adults who are self-employed, working part time, unemployed, or out of the workforce.

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