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Labor Forecast Predicts 6.4% Increase in Demand for Temporary Workers

G. Palmer and Associates News Release (07/10/13)

Demand for temporary workers in the U.S. is expected to increase 6.4% on a seasonally adjusted basis for the third quarter, when compared with the same period in 2012, according to the Palmer Forecast. The forecast indicated a 5.9% increase in temporary help for the just-ended 2013 second quarter. Actual results came in slightly better than anticipated, at a 6.9% increase. Results, in part, reflected increasing uncertainty in the economy, where temporary help created approximately 13% of new jobs reported since the recovery began, while representing only about 2% of the total labor market.