The jump in this line was not good. We had increases in both the number of people working part-time because their hours were cut back (this is noted under the rubric of “slack work” in the report) as well as in the number of people who were working part-time because all they could find was part-time work.
Now we constantly remind you that “one point doth not a trend line make”, but we don’t like to see this kind of news. Especially when we were so close to getting back to the level we had when the recession started 11 years ago. Yes, December 2018 the 11th anniversary of the start of the last recession.