Involuntary part-time employment soars in May

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Involuntary part-time unemployment soared in May, the Bureau of Labor Statistics reported Friday, in one of the more discouraging datapoints from the monthly jobs report.

The number of people working part-time because their hours were cut or because they couldn’t find a full-time job rose by 468,000 to 6.4 million in May, according to the report.

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