Expected US temporary hiring lifts staffing company shares
Businesses wary about the U.S. presidential election and the outlook for fiscal policy will probably hire temporary workers in the fourth quarter rather than full timers. "As payroll hiring increases, temp hiring will increase as well, and it will probably still have a bit of an outsized increase simply because of the uncertainties on taxes and the fiscal cliff," said Steve Blitz, senior economist of ITG Investment Research.
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