Part-time employment for United States counts workers employed fewer than 35 hours per week, including both voluntary part-time and involuntary (underemployment). Involuntary part-time work is a key slack indicator.
Why FX traders watch it
High involuntary part-time employment signals hidden labour market slack that can dampen wage growth even when headline unemployment is low, an important nuance for the Federal Reserve's assessment of economic capacity.
How to interpret the data
Rising involuntary part-time employment during an expansion is a dovish signal; it indicates more workers want full-time jobs, limiting wage pressure. Falling part-time counts alongside rising full-time employment is the most bullish combination for the usd.
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Part-Time Employment data for USD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/usd/part_time_employment?start_date=2023-01-01&end_date=2023-12-31
Frequently Asked Questions
How often is United States Part-Time Employment updated?
Part-Time Employment for United States is released on a monthly schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Part-Time Employment reported in?
The series is published in Thousands. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States Part-Time Employment data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Part-Time Employment for United States via the API?
Issue a GET request to /api/v1/announcements/usd/part_time_employment?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.