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U.S. markets recover from steep losses
WASHINGTON, Dec. 21 (UPI) -- U.S. employers are hiring cautiously by adding temporary workers and keeping them on temporary status longer, statistics indicate.
After previous recessions, temporary hiring grew within two or three months, whereas temporary hiring has risen for four months through November, the Labor Department reported.
While addling 52,000 temporary jobs in November, the U.S. economy lost only 11,000 jobs in the month, compared to a loss of 190,000 in October.
The New York Times reported Monday that Eggrock, a firm that makes prefabricated bathrooms in Littleton, Mass., was caught shorthanded when an order for 462 units came in during the summer.
The company hired 40 temporary workers through the temp agency Manpower.
But "the biggest factor in prompting us to shift from temps to permanent employees would be a solid order backlog," Eggrock vice president Phillip Littlefield told the Times.
"So far a backlog has not materialized, or even a second order, although there is an uptick in interest," he said.
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