Most research in the area of nonstandard work arrangements continues to find differences in wages, benefits, and career prospects between full-time and part-time (PT) workers. Wages and fringe benefits are almost always lower for PT workers. Women who work PT are 88% less likely and men are 86% less likely to receive health insurance or a pension and are less likely to be provided career-building opportunities. At least some of the workers who claim they prefer PT work, in reality choose full-time jobs when available, as shown during the latest economic expansion when voluntary PT work declined from 18.4% in the second quarter of 1995 to 16.9% in the second quarter of 1999. PT jobs are concentrated in low wage occupations and industries; 17.5 of PT workers have combined family incomes of less than 15,000 a year. Restructuring PT employment by providing prorated benefits and opening up new industries and occupations and ensuring that workers who choose PT work do so without compromising their careers, pay, or benefits may make PT employment a winning strategy for both employers and employees. (CG)