Temporary hires surged in October, according to numbers released Friday by the Bureau of Labor Statistics (BLS).
BLS statistics showed temporary help services added 44,000 jobs since July, including 34,000 last month,according to the Wall Street Journal, and the surge could be a sign of full time hiring to come.
Staffing firms say employers are turning to temporary help in lieu of regular hires until they can be certain that a more permanent investment will pay off. Demand is strongest in technology, tax accounting, compliance and customer service…
By recruiting workers initially on a temporary or project basis, employers can avoid paying health-care and retirement expenses while evaluating performance and cultural fit, says Roy Krause, chief executive officer of Spherion Corp. “It’s a try-before-you-buy situation,” he explains.
Economists usually consider the average hours worked a leading indicator of employment as employers will bring back shifts, add hours to employees schedules and hire temporary and part-time workers as business impr0ves.
For more employment news: