Posted on 12/14/2014 7:36:35 PM PST by Lorianne
TUC report shows 1 in 12 in labour force now in ‘precarious employment’, huge rise since 2008 ___ New figures have revealed the dramatic spread of low-paid, insecure and casual work across the British economy since the financial crash of 2008.
In that year, one in 20 men and one in 16 women worked in the casualised labour market. Now, one in 12 of both men and women are in precarious employment, which includes zero-hours contracts (ZHCs), agency work, variable hours and fixed-term contracts, according to new TUC data.
According to the analysis, in 2008 there were 655,000 men in the casualised labour market. That number has risen by 61.8% to 1.06 million. The casualised female workforce has increased by 35.6%, from 795,000 in 2008 to 1.08 million in 2014.
The TUC is also publishing research showing that since 2008, only one in 40 new jobs has been full-time. Over the same period, 60% of net jobs added have been self-employed and 36% have been part-time.
(Excerpt) Read more at theguardian.com ...
India’s job market is booming.
Consider the source.
If that means in at 10, out by 4, with a three martini lunch somewhere in between then I'm all over that! ;-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.