The national unemployment rate dropped 0.2 percent last month, the biggest change the United States has seen all year. This was due, in part, to the large number of people who were hired by the government to assist with the 2010 census. Although the recession has been advertised as over, the reconstruction of the economy is taking a little longer than expected. While the numbers for national unemployment have been reduced from 9.9 to 9.7 percent, it is understood that this was mostly from the government sector and not from privately owned businesses. Buyers are still being wary with their money, making businesses that market to consumers careful when it comes to offering new employment opportunities. According to a recent article by the Las Vegas Sun, 412,000 of the 431,000 new jobs created in May were government related, and over 410,000 of those jobs were temporary positions.
So what does this mean for employers? The market is still a little on the unstable side, but there is still work that needs to be done at the office. If you are like most employers, you are wary of picking up an extra employee for the fear that you may have to lay him or her off in a few months. The future is unpredictable, and because profits are ultimately the bottom line, you will probably use a lot of caution in taking on any extra help. That’s where staffing companies can help. Because there are so many individuals who are out of work, temp agency pickings are far from slim. With more talent to draw from than ever before, temp agencies are anxious to help employers get through this difficult time. They can cover the insurance and payroll costs associated with a new hire while still providing the extra talent needed to keep companies on their feet. Ultimately, temporary staffing agencies and businesses share a common goal: to get qualified individuals back into the workforce where they can benefit others.
For more information try this article by Financial Sense.