More and more businesses are using temporary staffing agencies as a source for their workforce which can positively affect their performance and possibly indicate a recovering economy.
Denise McLeod, vice president and chief executive officer of Landrum Staffing said the staffing industry is watched as an indicator of the health of the economy.
“The staffing industry is looked at closely as leading economy indicator during times of recession. It is not unusual for this type of business to be one of the first affected during a recession and one of the first to show significant increase when we are coming out of a recession,” said McLeod. “The Federal Reserve watches it [the industry] closely too.”
McLeod said she has noticed an increase in hiring activity through the staffing agency over the last six months and this increase in activity has been a popular topic of discussion and signals a positive situation for potential employees.
For more on this story, see the July 21 issue of the Navarre Press or subscribe online.