Interesting Economic Data

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Interesting Economic Data

Author: Scott Fiore

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Each month I participate in a webinar focused on economic and other trends in the staffing industry. There was an interesting piece of data that was shared that I thought I would pass along.

Temporary staffing has been the leader in job creation over the past several months. That said – for the first time since the recession began, staffing services are reporting that attracting quality candidates is now a larger “problem” than generating sales. This trend has now reversed itself, indicating a tightening of the qualified pool of candidates. This data seemed convincing to me that, albeit slowly, there are signs of recovery in the economy.

We still believe that an economic and jobs recovery will be slow, and could be positively or negatively impacted by many factors in the coming months.

Scott

Each month I participate in a webinar focused on economic and other trends in the staffing industry. There was an interesting piece of data that was shared that I thought I would pass along.

Temporary staffing has been the leader in job creation over the past several months. That said – for the first time since the recession began, staffing services are reporting that attracting quality candidates is now a larger “problem” than generating sales. This trend has now reversed itself, indicating a tightening of the qualified pool of candidates. This data seemed convincing to me that, albeit slowly, there are signs of recovery in the economy.

We still believe that an economic and jobs recovery will be slow, and could be positively or negatively impacted by many factors in the coming months.

Scott