Jobs Report statement from American Staffing Association
The American Staffing Association has made a statement in regard to the latest job report that came out this morning.
“As this morning’s BLS jobs report indicates, America’s help wanted signs are still up and employers are still hiring. This is a good sign of continued confidence in fourth-quarter demand for their firms’ products and services, even in the face of a slowing economy. With 10 million job openings and 5.8 million job seekers, the battle for qualified talent continues. And yet, the Fed wants to drive down inflation rates by driving up unemployment rates which will disproportionately hurt vulnerable workers and hurt overall economic growth. With close to 90 million working-aged women and men (20 years and over) not in the labor force, the private sector and government must make getting people off the sidelines a top priority.” said Richard Wahlquist, president and chief executive officer at the American Staffing Association