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More Signs of Rising Confidence…

January 10, 2011 - WorkCompWire

Today’s edition of WorkCompRecap focuses on two reports that continue to add momentum to recent sentiments and reports that small signs of economic recovery may be beginning to surface in the eyes of the workforce and employers.

In early December, Manpower, Inc. reported that employers were continuing to rely on hiring temporary workers in the face of continued economic uncertainty. Also reported at the time was the finding that creation of temporary jobs was continuing to rise.

With the release of this weekend’s report indicating an increase in the conversion from temporary to permanent recruitment, Manpower suggests that increased confidence may drive hiring through 2011.

SFN Group’s Employee Confidence Index showed a slight increase in December, indicating small signs of rising confidence on the part of employees, including a three percentage point increase over November in the number of workers who believe the economy is getting stronger.

Further encouraging news about the state of the workforce may foreshadow the beginning of positive trends for the Workers’ Compensation industry in the form of more claims.

Filed Under: Editor's Forum

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