While that's good in the short term, I feel like when things reset we'll find that people never stop being temps - the status quo, once set, is hard to change. A lot of the jobs that disappear now may never reappear as companies realize they don't really need that extra staff.
Many companies do, but many companies are going to realize they run even leaner now that they are forced too, and why would they rehire if things are running ok as they are.
Kind of unrelated, but:
> As the owner of a small company that has a hard time finding good help
> My company doesn't wait for economic downturns to shed the staff that it didn't really need.
I hope that you're not saying you shed the good help when you don't need them.