Originally posted on NJBiz.com - March 11, 2009
(EATONTOWN, NJ) - A new curse word should be added to the English dictionary: recession. When uttered, it makes Americans feel uncomfortable, sick to their stomach, and at this point, offended. Yet, we're subjected to hearing the word 100 times a day. Well, some trends in the
staffing industry, which tend to typically prove reliable in indicating what's to come next, suggest that business owners have some optimism to look forward to.
"Because the staffing industry encompasses so many fields and serves a diverse range of businesses, it typically serves as a microcosm for the US job market," says Frank Wyckoff, President of Snelling Staffing - The Wyckoff Group. "Trends in our industry tend to reflect what's
going on with the bigger picture."
Some positive information released from the staffing industry include:
- The ASA Staffing Index, which evaluates the staffing industry's performance on a weekly and long-term basis, has stabilized. It had previously been decreasing since the beginning of the recession.
- A study of ASA members shows that almost 75% of members think that sales will increase by the end of the year. The staffing industry's recovery has occurred right before the recovery of the US economy for virtually almost every recession in the past three decades.
- The Monster Employment Index, which measures online job demand, rose 4 points in February.
• Companies are using staffing agencies to "top grade" their staff. Since there is an influx of qualified candidates, organizations have the opportunity to make sure there are only "A players" on their team. This increases future productivity.
"I am confident that both our industry and economy will bounce back," adds Wyckoff. "For the time being, companies can use the flexibility of the staffing industry to help accommodate for feelings of unpredictability."
Local businesses use Snelling Staffing to contract qualified individuals in a diverse range of occupational positions, including Administrative, Clerical, Light Industrial, Accounting & Finance, Legal and Biopharmaceutical work. Businesses from almost every industry use Snelling to
find talented employees for both temporary and career positions.
The Wyckoff Group consists of New Jersey offices in Eatontown, East Brunswick, Freehold and Lakewood as well as King of Prussia, Pennsylvania, Brunswick, Georgia and Ft. Lauderdale, Florida. For more information, please visit www.snellingnj.com.
About Snelling Staffing Services
Snelling Staffing Services has been one of the most successful and trusted recruiting firms for more than 50 years. Our goal is to exceed the expectations of every client and employee we bring together. Snelling Staffing - The Wyckoff Group is a full service staffing firm offering Temporary, Temp-to-Hire, Career Placement, Executive Recruiting and Consulting Services. The Wyckoff Group is a family of 9 Snelling locations serving the following areas: New Jersey, Georgia, Florida, Illinois, Michigan and Pennsylvania. With over 25 years of local Staffing and Human Resource experience, we have the people, expertise, network and resources to help you meet your business, professional and career goals. For more information, please visit www.snellingnj.com.
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