Employment through temp agencies grew during third quarter


Employment through temp agencies grew during third quarter

The number of people obtaining jobs through staffing agencies climbed 2.4 percent between the second and third quarters, marking the seventh consecutive quarter of year-over-year growth since the economic recovery began, according to the American Staffing Association.

The Jackson Citizen Patriot reports temporary and contract staffing sales, which can be an indication for the industry moving forward, increased by 4.2 percent during the third quarter to reach $25.2 billion.

According to U.S. News & World Report, the spike in temporary employment may represent the new normal, particularly with companies struggling with their budgets and operating on a project-to-project basis.

"A lot of those companies are sitting on a lot of cash, but they're uncertain with economic stability," Kathy Kane, an executive with a staffing firm, told the news source. "They're looking at contingent and temporary work as more of a risk-management strategy right now. They're trying to put their toe in the water versus jumping back in with both feet."

One region where temporary employment has been particularly boosted recently is Lexington, Kentucky, where is reportedly hiring for hundreds of temporary positions, according to the Lexington Herald-Leader.