Weighing Costs, Companies Favor Temporary Help

[groovedaddy]

Temporary workers are starting to look, well, not so temporary.

Despite a surge this year in short-term hiring, many American businesses are still skittish about making those jobs permanent, raising concerns among workers and some labor experts that temporary employees will become a larger, more entrenched part of the work force.

This is bad news for the nation’s workers, who are already facing one of the bleakest labor markets in recent history. Temporary employees generally receive fewer benefits or none at all, and have virtually no job security. It is harder for them to save. And it is much more difficult for them to develop a career arc while hopping from boss to boss.

“We’re in a period where uncertainty seems to be going on forever,” said David Autor, an economist at the Massachusetts Institute of Technology. “So this period of temporary employment seems to be going on forever.”

http://www.nytimes.com/2010/12/20/business/economy/20temp.html?_r=1&nl=todaysheadlines&emc=a2

[4dsc]

1. But Cramer said millions will find jobs soon

Cramer relied upon information from temp agencies that stated more people are finding temporary work and that leads to permanent work setting.

Of course I don't know why Cramer believes that millions of people will fall for this BS is beyond me.