Increase in Demand for Temporary Workers Expected

April 14, 2010 – Demand for temporary workers in the U.S. is expected to increase 10.8 percent on a seasonally adjusted basis for the 2010 second quarter over the same period in 2009, according to the Palmer Forecast, a study conducted by staffing industry consulting firm G. Palmer & Associates. The report also indicated a 3.8 percent decline in temporary help for the just-ended 2010 first quarter, which actually came in at a 3.6 percent increase–significantly better than anticipated, primarily due to stronger than expected GDP growth and decreased unemployment. “Following recent trends, our 2010 second quarter forecast shows continued steady improvement and should produce a sharp increase in demand for temporary workers, marking the second consecutive quarter of year-over-year increases,” said Greg Palmer, founder and CEO officer of G. Palmer & Associates. “It is clear that the labor markets are showing sustainable signs of improvement in quite a meaningful way when compared with temp labor declines as high as 27.2 percent in the second quarter of 2009. Nevertheless, it is important to be cognizant that consumer spending is still sluggish, the real estate and construction sector is still depressed in many markets, and many state and local governments soon may be forced to make additional job cuts.” G. Palmer & Associates, founded in 2006, advises companies in the human capital sector with sales, operations and margin enhancement, and to explore strategic alternatives for increasing shareholder value.

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