Does anyone have the figures to calculate the true rate of unemployment if those holding part-time jobs who would prefer to work full-time were counted as 50% working and 50% unemployed?
Good question. Here’s the answer:
One aspect of this change is patterns of self-employment. While the proportion of workforce who are self-employed has risen only slightly, self-employment is increasingly likely to be part-time – more so than being an employee. And the proportion of part-time workers who want to be full-time is at a historic high:
ONS, covering all adults aged over 16 who are economically active (working or looking for work).