One of the leading economic indicators, in my option, is the level of employment in the temporary staffing industry. It's a "leading" indicator because it goes up (or leads) ahead of conventional employment. The reason is simple - employers prefer to hire temps before hiring permanent staff. The WSJ recently posted an article that said just that - temporary employment is on the rise. Some of the rise is seasonal, due to the holidays.
Regardless, this is good news. It will prove good for factoring companies that offer factoring for temporary staffing agencies. In my small world - this is good news.
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