Friday, January 8, 2010

Disappointing Jobs Report

The economy shed 85,000 non-farm payroll jobs in December - the expectations were flat to positive gains. November was adjusted upward such that it turned positive - which is good news. I need to better understand the December numbers (e.g., construction jobs were down - could it be the weather) to see if this is indeed a big step back. Temporary jobs continued to increase which is always a good sign in a recovery, as many companies will first begin hiring temps before regular full-time employees.

If you are in need of some temporary support as we begin the new year, please contact HR Energy Pros as we can help fill your temporary HR needs.

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