Part time employment growth

Via Macrobusines, we have Matt Cowgill's observation that most job growth has been via part time employment, whereas full time jobs remain static.

Unquestionably this statement was true over 2009. But the argument is much less compelling for 2010 or 2011 to now (which is the latest period in which total jobs growth was static).

In the following set of charts we look at the period for when jobs growth was static (essentially financial year 2008-09 and calendar year 2011).

And we repeat Matt's index charts, setting the index to 100 for January from 2007 to 2011.

The charts for 2010 and 2011 show stronger growth for full-time jobs (albeit the difference in the 2011 chart is marginal, and might be quite different if I had taken March 2011 as the starting point).