Thursday, July 11, 2013

The Temporary Economy

The news from the Bureau of Labor Statistics last week looked pretty good: The economy created 195,000 jobs in June. But there is a darker trend underneath the headline news. Many of those jobs are simply temporary ones. The temporary help service category added 10,000 jobs in June, the single biggest-gaining category among the professional and business services.

Since the end of the recession, the number of temp workers hired by American companies has increased by more than 50 percent, according to research by USA Today. The 2.7 million temporary workers now in the work force is the highest since the government began tracking that number back in 1990.


Combined with other unattached employees, we now have nearly 17 million people working in this country who are freelancers, temp workers or otherwise not officially connected to their employer. That’s about 12 percent of all people with a job.

No comments:

Post a Comment