Posted on 07/08/2011 9:34:08 AM PDT by TonyInOhio
Temp jobs were down 12,000 in June and have dropped for three straight months — by 19,000 in all since April, according to the Labor Department.
Temp help is often a leading indicator of broader labor market trends. Companies tend to cut temp workers before they start cutting permanent workers. The deceleration seen in the past few months is potentially a very troubling development if it portends a new round of layoffs of permanent workers.
At the same time, if the shocks that hit the economy earlier this year — rising oil prices, Japan’s natural disasters — were truly transitory as many economists believe, then temp help may turn up in the months ahead as the economy heals, or at least stop being a drag on job growth. Perhaps that’s a reason to be hopeful.
(Excerpt) Read more at blogs.wsj.com ...
"When will you people get it? I'm not interested in jobs, I'm here to implement socialism."
It seems those temporary, part time, amusement park, summer jobs, didn’t do much for the Obama jobs failures program...er, summer wreckovery II.
Tells you the reasons for the high unemployment go far beyond the fears of what regulations and Obamacare are adding to your full-time headcount. The problems are structural and they run very deep.
JMO, but... seems like the further we get into this the longer recovery will take.
When nobama was first elected, I figured it would take 3 or 4 days to recover for every day he was in office. nobama has now done so much horrible damage to this country that I think we’re up to 12-15 days of recovery for every day he’s been in office. I’m afraid to consider what the days of recovery will be in Jan 2013 when we kiss this ultimate loser goodbye forever.
Barack Obama is a worthless piece of crap who has never gotten his lazy-ass out of bed any earlier than 11am his whole life AND IT SHOWS!!!!. What an absolute piece garbage this man is.
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