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Boeing delivers C-17 to RAF
BOSTON, Dec. 19 (UPI) -- A record number of Americans are working as independent contractors or off-the-books, researchers at Boston's Northeastern University said Friday.
Andrew Sum, an economist at the university, made his discovery by comparing two monthly employment reports published by the Labor Department. One surveys households, and the other surveys employers.
Sum's analysis focused on the recovery periods after the last five national recessions. Typically in these recovery periods the employer's survey indicates less employment growth than the household survey.
However, Sum found that in the current recovery the gap between the two Labor Department surveys was huge.
"The absolute size of the differences between the employment growth estimates of the two surveys for the November 2001 to November 2003 period are historically unprecedented," said Andrew Sum, an economist at the university.
"At no other point in this nation's last five recovery periods have so many people been employed as independent contract workers, as temporarily self-employed or paid under the table."
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