Despite the mainstream media's inability to see things as they are - as opposed to how they hope them to be for fear of exposing the status quo for the illusion that it really is - the subject of 'job quality' in this recovery-less recovery has never been far from our thoughts since 2010. David Stockman has often discussed the loss of 'bread-winner' jobs and in fact not only are there a record number of Americans with temporary jobs (28 million or one-in-ten non-farm workers) but behind Wal-Mart (itself arguably a somewhat part-time employer), the Washington Examiner reports, that the second largest employer in America is Kelly Services - a temporary work provider. The company, started in 1946, serves 99% of the Fortune 100 and had revenues of $5.5bn in 2012 (though even this burgeoning growth area is struggling in the last quarter).
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1 comment:
Welcome to the Obama-nation. Kick the communist out and restore capitalism.
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