Coming out a recession, employers typically hire temporary employees first, then begin bringing on full-time staff, and this recession was no different, according to a recent U.S. News & World Report article.
The staffing industry began adding jobs in September 2009, and six months later, in March 2010, the private sector followed suit. But since then, job growth has been anemic, and the transition to permanent payrolls has been painfully slow, the article says. Cautious employers seem determined to add mostly temporary employees—or no employees at all—to their payrolls.
“If you look at the bigger picture … we’re moving toward a new reality in the way we work,” says Kathy Kane, a senior vice president at Adecco in New York, says in the article. “A lot of those companies are sitting on a lot of cash, but they’re uncertain with economic stability. They’re looking at contingent and temporary work as more of a risk-management strategy right now. They’re trying to put their toe in the water versus jumping back in with both feet.”
To read more about the temporary workforce as a new normal, read the entire article by clicking here.