{"id":21691,"date":"2024-11-14T14:27:07","date_gmt":"2024-11-14T08:57:07","guid":{"rendered":"https:\/\/bigbreakingwire.in\/us-temporary-help-services-jobs-decline-for-23rd-consecutive-month-signaling-potential-rise-in-unemployment\/"},"modified":"2024-11-14T14:27:07","modified_gmt":"2024-11-14T08:57:07","slug":"us-temporary-help-services-jobs-decline-for-23rd-consecutive-month-signaling-potential-rise-in-unemployment","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/us-temporary-help-services-jobs-decline-for-23rd-consecutive-month-signaling-potential-rise-in-unemployment\/","title":{"rendered":"US Temporary Help Services Jobs Decline for 23rd Consecutive Month, Signaling Potential Rise in Unemployment"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Temporary help services jobs in the US have decreased by 145,800 over the past year, bringing the total to 2.7 million, the lowest number since October 2020.<\/p>\n\n\n\n<p>These jobs are often seen as an early sign of changes in the unemployment rate.<\/p>\n\n\n\n<p>The number of temporary help services jobs has now dropped for 23 straight months, marking the longest period of decline since the 2008 Financial Crisis.<\/p>\n\n\n\n<p>As a percentage of total employment, temporary help services jobs have fallen from 2.1% in March 2022 to 1.7%, which is similar to levels seen during the last three recessions.<\/p>\n\n\n\n<p>This suggests that the unemployment rate could increase by up to 1 percentage point in the coming months, assuming this pattern continues.<br><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-bigbreakingwire wp-block-embed-bigbreakingwire\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"wymyqzLfeT\"><a href=\"https:\/\/bigbreakingwire.in\/signs-of-weakness-in-the-u-s-labor-market-temporary-help-services-experience-continued-decline\/\">Signs of Weakness in the U.S. Labor Market: Temporary Help Services Experience Continued Decline<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Signs of Weakness in the U.S. Labor Market: Temporary Help Services Experience Continued Decline&#8221; &#8212; BigBreakingWire\" src=\"https:\/\/bigbreakingwire.in\/signs-of-weakness-in-the-u-s-labor-market-temporary-help-services-experience-continued-decline\/embed\/#?secret=RDkyvwSTM6#?secret=wymyqzLfeT\" data-secret=\"wymyqzLfeT\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Temporary help services jobs in the US have decreased by 145,800 over the past year, bringing the total to 2.7 million, the lowest number since&#8230;<\/p>\n","protected":false},"author":1,"featured_media":21690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[65,31,29,5090,616,619,39],"tags":[7507],"class_list":["post-21691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bigbreakingnow","category-business","category-finance","category-short-news","category-stock-in-news","category-stocks-in-news","category-world","tag-temporary-help","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"https:\/\/bigbreakingwire.in\/wp-content\/uploads\/2024\/11\/20241114_142254.jpg","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-5DR","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/21691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=21691"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/21691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media\/21690"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=21691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=21691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=21691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}