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B20 Summit Recognizes the Role of Staffing Industry in Job Creation

Ciett News Release (06/20/2013)

On June 20, the B20, the business voice of the Group of 20 Finance Ministers and Central Bank Governors (known as the G20), held its summit in St. Petersburg, Russia, where it launched new recommendations to restore economic growth and job creation.

As part of the recommendations, the B20 recognized the value of private employment services and temporary staffing firm work in creating jobs—quoting the example that 62% of businesses would not be able to create jobs without staffing firm work, and directly referencing the Ciett/BCG strategic report Adapting to Change. Also, the B20 recommendations on employment recognize the stepping-stone role of staffing firm work: Staffing firm work offers easy access to employment that often leads to other employment opportunities.

The full B20 document can be downloaded from ciett.org.