Part Time, the new normal?

With effective unemployment at 14.6 % (BLS U-6 statistic for October) due to the lack of an expanding economy, part time employment represents a practical solution.  While the thought is not pleasant, part time may become the new normal.  Lack of expansion, increased regulation and additional health benefits mandated for full time positions likely will cause an increase in part time offerings. 

Those with extended lack of employment may consider part time as a stop gap measure; the sluggish economy may translate into it being a permanent reality. More detail from an economic point of view available here.