« Rahm's partisan workout | Main | More or less free time ? »

Stable jobs available ? Dismal science answers.

The companies doing the least hiring right now are very often the companies that offer the safest jobs.

-- Susan Houseman, a senior economist and labor expert at the Upjohn Institute, a research group in Michigan.

With employers shedding half a million jobs a month, some economists, like Nancy Folbre of the University of Massachusetts in Amherst, liken safe jobs to high ground amid the turbulent flood waters of lost employment.

"There is a danger in using the term 'safe jobs' for this perch," Ms. Folbre said. "That makes them sound like sinecures, and they are not."

BUSINESS
Bad Times Spur a Flight to Jobs Viewed as Safe
By LOUIS UCHITELLE
Published: January 25, 2009
There is a new allure around jobs likely to keep a person employed, at reasonable pay, through a prolonged downturn.

TrackBack

TrackBack URL for this entry:
http://www.stylizedfacts.com/cgi-sys/cgiwrap/fotohof/managed-mt/mt-tb.cgi/4358

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)