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Tuesday, July 09, 2013

Recovery woes: America's second-largest employer is a temp agency
Behind Wal-Mart, the second-largest employer in America is Kelly Services, a temporary work provider. Friday's disappointing jobs report showed that part-time jobs are at an all-time high, with 28 million Americans now working part-time. The report also showed another disturbing fact: There are now a record number of Americans with temporary jobs. 

Hot money exodus ends currency wars
Turkey's efforts to pull the lira off record lows on Monday are likely to be emulated across emerging markets as central banks fight to avert an exodus of foreign capital driven by the impending turn in US policy.

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