A sign the economy may be recovering

An articles in the Miami Herald talk about how the temp job market has been creeping up since June. I have spoken in the past about why this is good since it's a leading indicator of job recovery. By leading indicator I mean that an increase in staffing agency activity "leads" and increase in the job market. The reason is simple, many company owners prefer to hire temps before hiring perms. However, if things get better, many of those temps may become perms.
This is good for invoice factoring companies that offer staffing factoring.
We'll need to see how other parts of the economy perform, but it would appear that a very very very mild job recovery could be underway. Sure, you lose jobs through layoffs, but other people are gaining jobs through temps. However, we are still far a away from positive employment numbers.
Want to learn more - go to factoring articles.
Labels: economy, jobs recovery, recovery











