The job market held steady in June with unemployment unchanged at 4.4%, but the real story? A surge in part-time jobs—76K new positions, 47K of them part-time—pushed underemployment up to 6.5%. Meanwhile, labor force participation climbed to 67%, driven especially by older workers (55-64) jumping in at 70.6%. More people are working, but not always as much as they’d like—and more are actively seeking work.
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