Economics
Mounting Full-Time Employment Shows Less Slack for Yellen's Fed
- One million fewer involuntary part-time workers last 12 months
- From A to `Z-Pop' -- underemployment is gradually diminishing
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At GoodWorld, almost half of the one-year-old start-up’s 15 employees have transitioned from part-time to full-time work. That’s just the kind of progress Janet Yellen wants to see.
“They kind of evolved into full-time employees” as the company began to grow with the help of a strengthening economy, said John Gossart, co-founder and chief operating officer. GoodWorld, which enables Facebook and Twitter users to give directly to charities by typing #donate, has raised $1.7 million to propel its expansion effort.