"The fox knows many things, but the hedgehog knows one big thing."


Glenn Reynolds:

Barack Obama:
"Impossible to transcend."

Albert A. Gore, Jr.:
"An incontinent brute."

Rev. Jeremiah Wright:
"God damn the Gentleman Farmer."

Friends of GF's Sons:
"Is that really your dad?"

Kickball Girl:
"Keeping 'em alive until 7:45."

Hired Hand:
"I think . . . we forgot the pheasant."

I'm an
Alcoholic Yeti
in the
TTLB Ecosystem

Wednesday, April 09, 2008

Because They Can

The economy: the healthiest it's been in three decades? or the worst jobs record since Herbert Hoover?

That depends.


Comments on "Because They Can"


Anonymous Anonymous said ... (5:16 PM) : 

from cnn.com:

"You do see indicators of a softer market than just the raw [unemployment] numbers," said Bill DeMario, chief operating officer of Ajilon Professional Staffing, a unit of staffing giant Adecco. "To some degree, we've already experienced some of the impact of a slowing economy."

According to the February jobs report, there were 565,000 more part-time workers who wanted full-time jobs than a year ago. That's a 21.1% jump in the number of those who are under-employed.

In addition, a rapidly increasing number of people are being forced to take more than one job. There were 161,000 more workers in February who held more than one part-time job than there were in January. One economist said this is a further indication of how bad the market is.

"Basically, this is a sign that we're in a recession," said David Wyss, chief economist for Standard & Poor's.

Wyss said another sign of the weakened market is the steady decrease in the past year in the number of temporary employees in the business and professional services sectors. There has been a loss of more than 100,000 jobs in this category in the past 12 months.

"This is a leading indicator, since these are very often the first employees cut," said Wyss.


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