Friday, October 3, 2008

Full and Part Time Hiring Freeze

It's one thing that full time employment is stagnant. It's another that both full and part-time employment are (businesses will typically prefer to hire part-time workers during slow times to maintain flexibility in the face of uncertainty).

Unfortunately, looking at the chart below (and data from the BLS going back to 1968), that is what is happening... the first time since the BLS reporting began.

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