Companies Cut Temp Workers in Warning Sign for Labor Market

Posted on AllSides January 24th, 2023
From The Center

Employers are shedding temporary workers at a fast rate, a sign that broader job losses could be on the horizon. 

In the last five months of 2022, employers cut 110,800 temp workers, including 35,000 in December, the largest monthly drop since early 2021. Many economists view the sector as an early indicator of future labor-market shifts. 

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