Interesting article...good sign for all of us in Dallas looking for a job or temporary employment. The "bidding away" comment was something that we haven't heard in a LONG time. We have noticed that most temporary or short term assignments are paying more as companies find that skilled candidates are hard to keep on a project or as a long term contractor. Short term temp or temp to hire assignments are moving more and more to a 3 month contract rather then 6 month contract to hire employment. Be sure and visit our open jobs at
http://www.frontlinesourcegroup.com or
http://www.frontlinesourcegroup.com/openjobs.htmWhat are you hearing?
Economic Activity Still Expanding, Fed Says:
“Reports from all 12 Federal Reserve districts indicate that economic activity continued to expand,” the Federal Reserve Board said in last week’s “beige book” report on current economic conditions for June and July. “Several districts reported increased demand for temporary workers, while no districts reported weaker demand for temps.”
Boston “The first district economy continues to expand,” the beige book reported. Hiring for manufacturing and related services companies has been concentrated in sales, marketing, and high-end technical positions.
New York According to the report, “A major NYC employment agency describes the job market as lukewarm, noting that hiring activity has been a bit slower.” In contrast, employment in the financial industry has accelerated.
Philadelphia “Demand for temporary workers has picked up for health care, administrative, and some skilled manufacturing occupations,” the beige book said.
Cleveland “Hiring continued to be modest in most industries,” the report said. “Nevertheless, staffing-services companies reported an increase in the number of job openings, especially for workers with specific skills, such as accountancy and information technology.”
Richmond District staffing firms “reported continued strong demand for workers,” the book said. “Warehouse, production, sales, administrative, and software skills in particular were widely sought.”
Atlanta “Reports suggest that labor markets tightened in some sectors and temp hiring increased,” the beige book said.
Chicago “Labor market conditions improved slightly overall,” the book reported, “but conditions varied by location and industry.” Hiring increased in the banking, trucking, and distribution industries.
St. Louis “Business activity in the eighth district has continued to expand,” the report said. “Firms in the freight transportation, utilities, leisure, and insurance industries reported plans to open new facilities and hire new workers.”
Minneapolis “Employment growth was evident,” the beige book stated, and business contacts “report difficulty finding skilled workers.” A Minneapolis temporary employment firm “noted that demand was up from three months ago, particularly for specialized jobs such as accounting and human resources.”
Kansas City “Labor markets in the district firmed further,” the book said. “Hiring announcements exceeded layoff announcements by a considerable margin.”
Dallas The district “labor market continued to strengthen, with more reports of hiring, employees being bid away, and scattered problems hiring skilled workers,” the book said. Temporary staffing firms also noted increased demand.
San Francisco “Demand for labor increased, and district labor markets tightened further,” the book reported. “Contacts in the agricultural, retail, services, and financial sectors reported substantial reliance on temporary workers to meet demand.”
Allyson Schuster
www.staffingtoday.net