According to Senior Correspondent Mike Causey, the F-word is being heard more and more each day in federal agencies. What it means, Mike says, is don\'t quit your...
As Senior Correspondent Mike Causey continues his investigative research into Eyelid Light Leekage in Sub-tropical Climes, we continue with the “The Most Popular Federal Reports of the Year”. This column was originally published on February 18th. sk
The F-word is being heard more and more every day in more federal agencies.
The F-word is, of course, FREEZE.
Late last year many feds and retirees, worried that their 2009 pay raise or cost of living adjustments might be delayed or frozen. Thanks largely to the big drop in oil prices, we and the rest of the world went from inflation to deflation in a brief period of time. Folks who predicted $400 a barrel oil are now worried about the deflationary effect of oil that is going for less than $40 a barrel.
But while fears of a pay or pension freeze were totally unfounded, the possibility of a hiring freeze is not out of the question.
Consider:
California has furloughed large numbers of state employees and a seniority-based layoff, of up to 10 percent of the state government’s workforce, is in the works.
The imposition of a federal hiring freeze, whether for real reasons or PR considerations, might make sense, even if really wasn’t necessary.
IF it happens it would likely have the standard loopholes and safety valves that have been part of past freezes. That is agencies with health, safety and national defense roles could, IF there is a freeze, continue to hire on a limited basis.
Stay tuned. And don’t panic. IF anything is going to happen it should be sooner rather than later.
Nearly Useless Factoid
by Suzanne Kubota
Today’s full moon is known as both the Buck Moon and the Thunder Moon.
To reach me: mcausey@federalnewsradio.com
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