Temp Services Seeing Job Boom

" Guess it's gonna tell us about that temporary market the Labor Department announcing that they temporary services market added 34000 jobs in October. That is the first time the check is in the sector has shown an increase since the recession began and my next guest is on the front lines of the temporary market which many believe. Is the best leading indicator for a turnaround in job growth -- Rudy is. President Boris Becker group North America a unit of -- a worldwide they have to be the largest supplier of employer should say. A temporary workers in the well good morning good to see you good morning great to -- you failed so. Your first reaction to this economic data this when one -- say edu and and and how does it -- what you're seeing."

" Well you know I think. It is what many of us expected that we are going to see continued job losses and unfortunately we did expect to see the climbing unemployment. Rates you know and in some ways that picture is probably going to look a little worse. Certainly through the end of the year and into 2010. With unemployment climbing. But the job losses are getting smaller it isn't very good indicator to see that temporary jobs. Have actually been added this is the first time that we're really seeing a knife significant. Increase and I think you know why people usually say that temporary employment as a leading indicator. It's really because companies have cut. Their workforce so much -- as they start to ramp up. They need to Philip demand quickly so they turned to temporary. Or contingent labor at that as a quick solution. So we are seeing some optimism from our clients as well. And you know -- pretty positive that we're it's going to be a slow recovery but we are moving in the right to actually."

" And it and the trend in right now at least in temporary workers is our friend being 34000 temporary jobs this month. Well it's been three months of steady increases in temporary workers. But the devil's advocate out there is going to say. Well of course we -- temporary workers increased particularly around holidays because that's what may hire. People given that it's it's Christmas it's it's a busy time of year Iraq via is that fair well I think. That increase that."

" We've seen over the last few months have been from our you know I can see even from our customers that. They're really starting to to be cautiously. Moving in the right direction with some hiring. We do expect -- are already starting to see the seasonal hiring. From the retailers. Increase the demand now some good signs is even some of the clients that we work what we're seeing an increase this year. Of what they need and seasonal staff over last year and so that's also a positive as well. I noticed also in some of the deed that you guys have been that you -- that you. Publish in talk a little bit about manufacturing. I ET engineering. Yeah hiring people we are hiring people and we are seeing that. Continue to Bob back like right now with in the attack a group portfolio. We have over a thousand positions across. The U lasts an engineering. Another 700 positions in information technology. There's about thirteen hundred positions open an accounting and finance. And just as of recently were starting to see the demand in manufacturing. You know continue to improve."

" You know one and that the questions everybody asks is is what you're small and medium and large sized businesses and then how can any change the way they look at them labor force because we look at the productivity numbers and we look at the average hourly earnings increasing that says. Hey look good news is we're becoming more productive. Bad news we're doing it with less people right Howard debut in this recession and changing."

" Habits a higher that's a great question Lexus were seen that you know whether the small companies -- the medium. You know the the leadership of these organizations right now knows that it in the they've learned a lot through this recession. So they are looking at their work force and really trying to do exactly what you're saying workforce optimization. How to they drive the most productivity. But they are trying to do it of course with less people last costs. So the conversations. That we're having with our clients today. Are truly about how did they expand and contract based on the air commands and we're seeing many customers are going to be turning. Two temporary -- contingent labor and may be looking -- could we have. A larger portion of our work force truly being contention. Instead you know maybe they did in the past where they kept 10% of there are. On staffing -- workforce and a contingent basis maybe now they're talking about could review 20% so. Yeah there's there's a lot of talk about that right now in the industry and you know still. You know not seen the big demand -- by any means at this point but we're having those conversations and it looks to be yelling and after action until at least some signs of hope and you and I talk a lot and you're starting to see a little bit of the turning of the corner. Yes I'm more hope you know probably more hopeful that you're left Def digest -- made a little bit more pessimistic but. You know I agree with him too if it is what we expected you know we certainly expected to see that. These to be the numbers but I am definitely seeing some signs of improvement. In essence steady growth -- moderate but we're moving in the right direction good to see that great to -- lease sale -- my thank you have billions and now -- has a ton of information on this and it's really helpful in the -- and a thank you think it."