Rise in Temp Jobs a Positive Indicator for Continued Permanent Job Market Recovery
PeopleReady reports significant growth in temporary job postings, indicating a potential economic recovery. Key sectors experiencing a rebound include:
- Equipment operators: 300% increase
- Painters: 300% increase
- Material movers: 233% increase
- Retail associates: 200% increase
- Assembly associates: 80% increase
This trend suggests that permanent full-time positions may rise in the next 6 to 12 months. With nearly 10 million Americans seeking work, this growth is a positive sign for the labor market.
- 300% increase in temporary job postings for equipment operators and painters.
- 233% increase for material movers, indicating demand in logistics.
- 200% increase for retail associates suggests recovery in consumer spending.
- 80% increase for assembly associates reflects growth in manufacturing.
- None.
When it comes to signs of economic recovery, few indicators are as strong as job market performance, and, in particular, the number of temporary jobs available. Following an economic downturn, temporary jobs rebound first as companies test the waters before adding permanent full-time positions. Based on the results of an in-depth analysis of hundreds of thousands of temporary jobs, staffing leader PeopleReady says continued trending gains in the temporary job market indicate that more permanent full-time positions will be available in the coming months.
Today, PeopleReady is releasing a list of those temp jobs showing the most substantial rebound in the last 30 days, which serves as a critical indicator of long-term job trends:
-
Equipment operators:
300% increase -
Painters for construction and maintenance:
300% increase -
Material movers:
233% increase -
Retail store associates:
200% increase -
Assembly production associates:
80% increase
“On the heels of tough economic times, temporary job growth typically precedes permanent full-time job growth by six to 12 months. Temp job growth has remained steadily on the rise in many areas these past few months, which indicates that more permanent full-time jobs are on their way back,” said Taryn Owen, president of PeopleReady. “Many job seekers are looking to temp jobs for the flexibility they need as their priorities have shifted over the past year, and others are taking temp jobs while the permanent job market recovers. We’re glad to see signs pointing toward additional opportunities in the full-time job market for the nearly 10 million Americans still looking for work.”
The staffing company has a variety of ways for job seekers to access potential job opportunities: via app (JobStack), online (jobs.peopleready.com) and in person (at PeopleReady locations across the nation).
About PeopleReady
PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly skilled workers. PeopleReady supports a wide range of blue-collar industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack platform and 600-plus branch offices across all 50 states, Puerto Rico and Canada, PeopleReady served approximately 98,000 businesses and put approximately 221,000 people to work in 2020. Learn more at www.peopleready.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210325005236/en/
FAQ
What industries are showing growth in temporary jobs according to PeopleReady?
What does a 300% increase in temporary jobs indicate for the economy?
How many temporary job increases did PeopleReady report?
When might permanent job opportunities improve according to the temporary job market trends?
How many Americans are still looking for work as mentioned in the PR?
