As I was walking in from the parking lot this week after giving blood, the driver of the bus that is used as a mobile blood collection center asked if he could walk in with me so he could use the restroom. He knew he needed someone to buzz him into the building, and I did just that.
As I showed him where the facilities were, he turned and asked what happened to the receptionist who used to sit at the front desk. I told him that our organization downsized a bit after the start of the Great Recession, and we learned that we could do more with less. He nodded his head and responded, "I think a lot of companies learned that, and that's what's keeping companies from hiring more people."
That bus driver didn't have an economics degree, but his observation is absolutely correct. Businesses don't want to hire any full-time employees unless they absolutely have to. It keeps them lean and helps them to be more flexible in the face of the next economic downturn. (more...)