Wednesday, November 25, 2009
Temporary workers -- data from the front lines
The usual 'spike' in temporary workers did not happen last year and the dropoff in temporary workers this recession is much larger than in 2000-2001. As such year over year data will be less predictive until we settle into a new normal but on a longer term basis this data set is a good way to sense the pulse of corporate hiring and firing. How many temporary workers are around in the nadir of 2010 employment sometime in January / February will be the next time we can start to tease out any real information. I'll keep you informed.