Word: trended
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...with what the Society for Human Resource Management has been observing in its monthly survey of members. In the last three months of 2008, 27% of small firms (fewer than 100 employees) reported decreasing total head count, while 45% of large companies (500 or more workers) did. That trend was due to continue into this year, with 11% of small companies anticipating decreasing staff by the end of March, but 34% of large companies planning such a change...
...Moscarini and Postel-Vinay have another theory. After observing the same broad trend within different industries and states, and even overseas in countries like Denmark and Brazil, they postulate that small companies hire disproportionately more early on in an economic recovery because it's easy for these firms to find good workers while unemployment is still high-and easy for workers to come across small companies since there are so many of them. Once the economy is chugging along at full-steam and the labor market is tight, larger companies regain the advantage, since they're likely able to offer...
...that shift back to large companies as the major force behind jobs generation can take years. The lesson for the short-term seems to be that small companies are a better bet for work. Just be careful of applying the trend to any specific firm. Small companies on average may not be shedding as many jobs as large ones, but smaller companies are by their very nature volatile-looking at aggregate numbers hides all the instances of companies growing insanely quickly or imploding into nothingness. It's still the case that most people work for large companies: 45% at firms...
...exports, consumer spending and inventories were the main causes of the dramatic change in its estimate - isn't done revising: there will be one last estimate of fourth-quarter GDP on March 26, then what are called benchmark revisions a couple of years down the road. The revision trend is clearly downward, and the 1982 mark is likely to be overtaken...
...selfless act, and it turns out that this phenomenon is no exception. My own highly scientific, super official survey showed that a number of people abstaining from liquor were doing it to cut calories and get in shape for spring. Move over Beyoncé, Jesus has the newest diet trend to sweep the campus...