
A recent Crain’s Detroit Business article titled “Economic clouds have a silver lining for staffing firms” provides some new statistics showing what FoxHire has blogged about numerous times – that employers are hiring more contractors during the economic recovery.According to the article, temporary/contract staffing has led all other sectors, adding 379,000 jobs since September. There has been steady growth in employment/contract staffing over the past 24 weeks, with contract staffing showing a 25% increase in July 2010 compared to July 2009.“(Companies) don’t want to make a commitment to new fixed costs that they have to get rid of if they bet wrong … and the economy takes a double dip,” American Stafing Association President and CEO Richard Wahlquist said in the article.
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FoxHire is an Employer of Record service that simplifies hiring for contingent workforce managers. We handle payroll, compliance, and onboarding, allowing you to focus on your core business. Our tech-forward platform automates administrative tasks, making workforce management efficient.
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