More Millennials go part time for full-time pay
By CNBC | CNBC – Mon, 1 Oct, 2012 9:56 AM EDT With long-term unemployment near historic highs, it's no surprise many workers have transformed into free agents. But younger workers-particularly so-called millennials-are embracing freelance jobs more aggressively than older peers, according to recent data. In fact, more college graduates are ingeniously crafting a collection of part-time, freelance jobs to create the equivalent of a full-time paycheck. "We call them permalancers," said Judith Watson, associate dean of the Graduate School of Journalism at the City University of New York . Watson said she began spotting permalancers among her students a few years ago. "The trend is simply a reflection of what's going on in many businesses," she said. The national unemployment rate slipped to 8.1 percent in August. Gone are the days when freelance meant an occasional fringe job in between permanent positions. CUNY's Watson said many o...