Positive Sign for Temporary Staffing
As I reviewed the February Employment Report, one number really stuck out. The U6 unemployment rate, which includes discouraged workers and those working part-time for economic reasons, jumped 0.5% to 8.0%. Still relatively low overall—and it’s only one month—but it got me thinking: is there a correlation between the U6 unemployment rate and temporary staffing? […]
February 2025 Jobs Report
February 2025 Jobs Report: Key Labor Market Highlights The February 2025 jobs report reveals key shifts in the labor market, with the unemployment rate rising slightly to 4.1% from January’s 4.0%. Meanwhile, average hourly earnings increased by 0.3% month over month, aligning with expectations. These figures highlight the ongoing dynamics shaping employment as we move […]