Friday, April 11, 2014

The Daily Stat: Has the Perma-Temp Job Market Arrived?

  Daily Stat - Harvard Business Review

April 11, 2014

Has the Perma-Temp Job Market Arrived?


Many labor experts see the surge in temp jobs and contract work in the United States as a sign of a long-term shift in the employment market away from permanent jobs, according to the Wall Street Journal. In March 2014, more than 2.8 million workers, or 2.5% of the workforce, held temporary jobs, up from 1.7 million in 2009; nearly 40% of such positions are in manufacturing. Temp jobs allow employers to quickly staff up or downsize in periods of growth or contraction, and they tend to be lower-wage: The average weekly temp-job pay of $554 is one-third lower than that of all jobs.

SOURCE: Temp Jobs Surge as Firms Contain Expenses


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