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Monday, May 11, 2009

Unwanted Part Time Worker Spike

In response to my post Net Claims is What Matters, Locust responds:

For what it's worth...

I work as a W-2 employee on a project by project basis. One of the things I've noticed - and this seems to be a relatively new phenom - is that I am being contracted for fewer days. So what used to be a typical 5 week project (25 days) is now shaved down to 4.5 weeks (22 days).

Yeah, it's just 3 days. But multiply that times 100 people and it's a year of employment in man days that's gone poof.
That theme also plays out in the data.

Source: BLS