Labor Forecast Predicts 0.4% Increase in Demand for Temporary Workers for 2020 First Quarter

-- 2019 Fourth Quarter Marked First Decrease in Demand in past 39 Quarters ---- Industry Consulting Firm G. Palmer & Associatesa?? Quarterly ForecastA Assists in Previewing Near-Term Hiring Patterns --NEWPORT BEACH, Calif., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Demand for temporary workers in the United States is expected to increase 0.4% on a seasonally adjusted basis for the 2020 first quarter, when compared with the same period in 2019, according to the Palmer Forecasta??, released today.According to the Bureau of Labor Statistics (BLS), results for temporary help for the preceding 2019 fourth quarter A decreased by 0.4%. There were 1,400 temporary jobs lost in December. A a??The 2019 fourth quarter marked the first year-over-year decrease in demand for temporary workers in the past 39 consecutive quarters,a?? said Greg Palmer, founder and managing director of G. Palmer & Associates, an Orange County, California-based human capital advisory firm that specializes in workforce solutions. a??Our forecast for the 2020 first quarter predicts a much slower rate of growth ahead, although despite currently mixed economic signals, the directional trend remains slightly upward, as we move into 2020.a??
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