![]() Since the fall of 2007, the number of employees forced to work part-time due to the economic slowdown has doubled to over nine million people – that’s two million more than at any time in 54 years of collecting the data. You can see the spike in the chart above. You can also see a close correlation between the start of a recession and a sharp shift to using part-time workers. And, conversely, that when an economy recovers, the use of part-time workers falls off quickly. Lesson of the day? This is one of the few reliable indicators of an economic turnaround… watch it closely. Until you see a distinct reversal in the indicator, ignore the government’s happy talk of green shoots and continue to rig for stormy economic weather. In addition to watching key data on behalf of subscribers, Doug Casey and The Casey Report team closely monitor the world’s most powerful investment trends and provide specific instructions on how to get positioned to ride these trends to big profits. One of their top ideas right now is the little-known "Toronto Retirement Plan." For more on this plan and a no-risk trial subscription to The Casey Report, click here.
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