The New CS Board

[jumanji0881]

Dark side to jobs report: Big drop in hours worked : http://www.marketwatch.com/story/dark-side-to-jobs-report-big-drop-in-hours-worked-2013-05-03?dist=lcountdown
Commentary: Shorter work week equivalent to 500,000 jobs lost
Excerpt:
In April, companies hired 165,000 more workers, but they cut everyone’s hours (on average) by 12 minutes. That doesn’t sound like much of a decline, but spread out over the 135 million-strong work force, the decline in hours worked is the equivalent of firing more than 500,000 workers while keeping hours steady.