[lbo-talk] duh, DeLong

Doug Henwood dhenwood at panix.com
Wed Jul 22 11:28:20 PDT 2009


On Jul 22, 2009, at 2:14 PM, Eric Beck wrote:


> It involves, well, a shift away from fixed full-time
> employment and toward a labor force retained on temporary and flexible
> terms: a labor force whose stability, strength, and magnitude continue
> to wane in ratio to the increase in constant capital

This is widely believed, but not really borne out by the U.S. economic stats. Part-time employment was 12% of the total in 1960, 14% in 1970, 17% in 1980, 17% in 1990, and 16% in 2000. It's risen sharply in this recession, to 19% of the total. but there was just no long-term uptrend going into this recession. Temp employment was 1% of the total in 1990, 2% in 2000, and is back at 1% now.

Doug



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