John Galt and Robert Half, Kill Joys

Yet again, you heard it here first. To the extent companies are hiring at all, it's temp workers and/or giving more hours to current employees.

U.S. employers, unwilling to commit to full-time hiring until they see a clear pickup in demand for their goods and services, are relying on short-term contracts to try out workers before offering them a job, staffing industry executives say.

This is almost right. Companies are worried about demand but they are also holding back because of things like ObamaCare. A new full-time employee is a new set of fixed administrative burdens and costs around which there is no certainty and ominous portents.

John Galt and Robert Half are both kill joys for America's economy. But they were invited in.