Beige Book: Improved labor markets, mixed results for staffing services
from Staffing Industry Analysts
Labor markets continued to improve from late November 2015 to early January 2016, according to the Federal Reserve’s Beige Book report released Wednesday. Employment increases were evident in reports from seven districts and four districts mentioned signs of labor market tightening. The Beige Book, a collection of observations from the 12 federal regional banks, provides a snapshot of current economic conditions. Staffing firms in New York, Philadelphia, Richmond, and Minneapolis cited various positive signs of strong labor demand, including demand from specific technical sectors in the Boston district to a broad range of sectors in the Philadelphia district.
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