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Subscribe to RSSEven though the unemployment rate remains near 10 percent, the market is looking up for temp workers.
The American Staffing Association said Tuesday that its weekly index of people employed in temporary or contract positions rose to its highest level in nearly two years.
An increase in hiring for temporary positions could be good news for the economy. Conventional wisdom holds that employers often start hiring temporary workers to test the waters before committing to more permanent positions.
The ASA said temporary and contract employment rose 2.08 percent during the week ending Sept. 19, pushing the index up two points to a reading of 98.
That’s the highest reading since Sept. 22, 2008. A base reading of 100 was set in June 2006.
The group also said temporary employment is up 23 percent over the same week a year earlier. The index has generally been on the upswing since the start of the year, although there have been a few dips along the way.
Thanks to Carpe Diem, which first wrote about the data.
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People this temporary job its not really going to help the economy, Obama and his administration just sign a bill or stimulus to lend people who don't even have a job, and these job are they talking about those people who run around distributing ballot to vote for Democrats or do they hired people to knock door to door to scares residents to vote for democrat just like last 2008 election?
An increase in hiring for temporary positions could be good news for the economy only if we keep the Healthcare monkey off the back of business. Let's face it, business does not want the extra burden of maintaining benefits for employees. And employees do not like being at the mercy of the benefits game--rising costs, co-pays, etc. and lower actual benefits. Releasing business of healthcare also allows employees to keep their families safe while they shop for that better job, especially since their current full-time employer is probably trying to cut payroll as it is.
If I can not afford it, I do not need it. Meaning if I save up to purchase an item I want, but is generally expensive, I can wait.
There are those who, "can not or will not" wait. Those who figure a quick borrow, will quickly pay for the item now, and then they can slowly pay it back in time. Unfortunately that is false. You borrow now, you not only are borrowing money you could never afford to pay back, but you also have to pay interest fees. Because that's how banks make money. Fees, leveraged fees, late fees, service charges. And you don't get a choice of how much you pay and when. You get a bill to pay a certain amount + interest every 2 weeks to 1 month, for so many years.
You get sick, pregnant, hospitalized, lose your job, get hours cut, loss of limb, loss of loved one's...your screwed. A single bad thing happening within your household means you will automatically default. The worse thing is, the bank will NOT help you. So chances are whatever you purchased from the money you borrowed from them, will end up as the banks property.
So the next time you want something NOW, you better think long and hard of the repurcussions and remember the one all knowing axiom that doesn't give a damn about you.
...Anything that can go wrong, WILL GO WRONG. And it will cost you deeply.
Right on the money
I understand the best way to fix the economy is to get rid of the Federal Reserve who was enacted in 1913 by some Congress members in the guise of it being part of the government which it is not. It is totally run by the banksters who tell the President what to do. Look at dvd "Freedom To Fascism" for a quick lesson on history in the past and in the making. They are not audited or accountable to anyone in government, which by the way the people are the government which people tend to forget (we the people).
10 million jobs were off shored the last 3 years, all call centers from BOA to ATT to Verizon. Obama wake up!!!!
10 million jobs were off shored the last 3 years, all call centers from BOA to ATT to Verizon. Obama wake up!!!!
jason 161051 when was the last time you purcahsed a product "made in the USA" and helped an american business? We all need to wake up.
Wow!!! what negative whiney viewpoints. If any of you are over 50 you would have already learned how these recessions play out. Always, when more temp workers are hired, business is picking up. This has been a typical measurement of growth for decades. I mean really. My Mom was a temp worker back in the 60's as the economy was racing ahead (3 recessions back).
Well, I remember my share of recessions. A lot of experts are comparing this Great Recession to the Great Depression. Need I remind you that a major factor to ending the Great Depression was WWII when a lot of jobs were created.
While a lot of people may be whining, they have good reason to. Businesses and consumers don't need more debt. Where are the "shovel ready" projects we were told about. Without jobs, customers don't spend and without spending, businesses will not hire. Not rocket science my friends.
(1) stop supporting companies that are outsourcing jobs(2) search and support companies that have not outsourced, (3) tell your state rep to pass HR 994(immigration bill)---no financial, educational, healtcare etc for illegals) (4) shop locally,
www.the350project.net
www.locateamerican.com