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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Temporary Employment

Economic growth is happening nationwide

Posted by RJ and Makay on Mar 07, 2011

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Economic Growth Is Happening NationwideAn important finding about the economic expansion that occurred in the U.S. in January and February: It appears to be widespread, taking place all around the country and not just in concentrated pockets, according to the Federal Reserve, which helps gauge the economy by surveying its 12 regional banks and publishing the results in the "Beige Book."

Indeed, all 12 of the Fed's regions reported growth in one or more industries during the first two months of the year, albeit at a modest to moderate pace. However, the pace was such that it suggest increased job creation in each region.

Temp staffing is a leading indicator that continues to climb

Posted by RJ and Makay on Jul 09, 2010

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CareerBuilder released their economic update for July. TheyHaning report that temporary help employment is turning positive. This is a good sign considering temp employment is considered a leading indicator for employment trends. According to the American Staffing Association temp staffing job trends lead employment by 3 months when the economy is emerging from a recession and 6 months during normal economic growth.

Findings: