Staffing companies are reporting a sharp increase in revenue. For companies that hire personnel out to industry, the increase was a full 20 percent in the second quarter compared with the same period last year, according to the employers' organization Almega.
It is usually an early and clear signal about the state of the labour market.
Now things have started to pick up significantly for staffing companies and the economy is improving, says Joyce.
Temporary staffing can be loosely described as a probationary period for those hired.
If things go well, they often become employees of the company, says Joyce.
Unemployment has only moved a little so far, but the jobs will come, he believes.
When the economy improves, it takes at least two quarters before you see it properly in the labour market.
