Jobs: Temporary Hiring is Up. But…
Mar5While the US economy continues to lose permanent positions, there is some good news on the job front. Temporary employment, which is a leading indicator of economic revival, has been climbing.
Bloomberg Television’s Lori Rothman discusses this phenomenon with Tig Gilliam, head of Adecco SA’s North American division. Mr. Gilliam cautions that the overall job situation remains weak, but the increase in temporary hiring is a positive signal. He also notes that if the recovery continues, we may see a structural shift to contract positions.
While any increase in employment is good news, such a structural shift would lead to more volatility in employment numbers and more uncertain access to benefits such as health insurance.
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Author : Bob Chiore
Author's Website | Articles From This AuthorAs the business editor of 73 Wire, I am intrigued by the impact of government policy on business and markets. I am a career finance professional with 30 plus years in corporate treasury management.
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