In April of this year, the International Monetary Fund (IMF) predicted that America would grow by 3.6% in 2014 and lead economic recovery at a global level. The off-shoring trend is now being replaced by a commitment to in-shoring. But, the recovery has so far remained uneven and weak though signs of recovery are there in the housing sector, stock market, consumer spending and even the job market.
But, a real recovery in the job market is eluding us, for a variety of reasons.
To find needed talent, and onboard required resources in a shorter period of time, more and more employers are turning to the highly efficacious use of temporary workers. They are also beefing up their abilities to effectively and efficiently manage their contingent workforce. In response, an increasing number of workers are opting for a temporary assignment that may transition to full time work. The questions that can only be answered with time are whether the economy will ever return to prior levels of employment, and whether full-time, permanent positions will remain as the norm.
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