Future of work? Temp jobs. – MSNBC
When times are uncertain, employers turn to temps. And times are definitely uncertain.
But even amid the stock market being hammered, the U.S. credit rating downgrade, and the high unemployment rate, there are people who say the economy isn’t headed towards a second recession.
The U.S. Bureau of Labor Statistics revealed that 117,000 new jobs were added in July, despite 37,000 jobs lost in the government employment sector.
In May, the U.S. Department of Labor reported about 2 million Americans quit their jobs (the highest level in 3 years), which suggests workers are feeling the itch for a new challenge, and feel safe enough to search for new opportunities.
Temporary hiring is benefiting, according to McKinsey Global Institute report. The report states that 58% of employers will rely on temp workers more than ever. This trend is driven in part by concerns over the recovery, but more specifically for the flexibility a staffing firm provides.