Interesting perpective, coming from a Temps company...
there are huge differences in employment opportunities based on education. For those with less than a high school education, 14% are unemployed. If you have a bachelor's degree or higher, unemployment is at 4.6%.The reality is that the job market is recovering. It has improved over the last couple months at a slower rate than it was recovering in the first quarter. But I think people have gone down the deep end, saying we could expect a double dip.
My view is that economic recovery is coming. The jobs recovery is following behind it and we see that in the temporary employment numbers.Where are the jobs today?
The volume of temporary jobs is coming first for people with manufacturing and supply chain-related skills. That's normal because it's related to the inventory cycle. Companies have worn down their inventory. They've cut costs as much as they can and now they have to build product. As they build inventory and gain a little more confidence in the recovery, they'll decide that they're going to have to add more people to take orders in customer service. So it goes from industrial to professional skills.