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RemedyTemp Forecast Assists in Previewing Near-Term Hiring Patterns

ALISO VIEJO, Calif.—June 12, 2006—Demand for temporary workers in the United States for the third quarter of 2006 is expected to climb nearly four percent over the same period in 2005, according to the RemedyTemp quarterly labor forecast and as noted in a recent announcement.

“The remarkably resilient U.S. labor market continues to be bolstered by strong business investment,” said Greg Palmer, RemedyTemp president and chief executive. “We expect steady year-over-year growth in temporary labor to continue during the third quarter as companies look for workers.”

For the second quarter of 2006, the quarterly labor forecast reportedly predicted a slightly greater than four percent increase in demand for temporary labor over the same period in 2005. The announcement added that preliminary figures reported by the Bureau of Labor Statistics indicate that the second-quarter increase will likely be in the range of three-and-a-half to four percent. “Health care, professional, and business services continue to be strong sectors,” said Palmer. “As the labor market remains at sub-five percent unemployment, we’re also seeing vigorous demand for full-time hiring.”

The forecast reportedly is based, in part, on Bureau of Labor Statistics and other key indicators. The model was developed jointly by The A. Gary Anderson Center for Economic Research at Chapman University and RemedyTemp.

www.remedytemp.com

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