ALISO VIEJO, Calif.--June 12, 2006--Demand for temporary workers
in the United States for the third quarter of 2006 is expected to
climb nearly four percent over the same period in 2005, according to
the RemedyTemp Quarterly Labor Forecast, released today.
"The remarkably resilient U.S. labor market continues to be
bolstered by strong business investment," said Greg Palmer,
RemedyTemp's president and chief executive officer. "We expect steady
year-over-year growth in temporary labor to continue during the third
quarter as companies look for workers."
For the second quarter of 2006, the RemedyTemp Quarterly Labor
Forecast predicted a slightly greater than four percent increase in
demand for temporary labor over the same period in 2005. Preliminary
figures reported by the Bureau of Labor Statistics indicate that the
second quarter increase will likely be in the range of
three-and-a-half to four percent. "Health care, professional and
business services continue to be strong sectors," said Palmer. "As the
labor market remains at sub-five percent unemployment, we're also
seeing vigorous demand for full-time hiring."
The RemedyTemp Quarterly Labor Forecast, believed to be the only
one of its kind, is based, in part, on Bureau of Labor Statistics and
other key indicators. The model was developed jointly by The A. Gary
Anderson Center for Economic Research at Chapman University and
RemedyTemp, Inc. (NASDAQ:REMX), a national temporary staffing company.
It is tracked quarterly and serves as an indicator of economic
activity.
RemedyTemp has been using the Labor Forecast to help navigate
through fluctuating economic conditions. Palmer said RemedyTemp
provides this sophisticated forecast vehicle to assist other companies
in managing their workforce intelligently to meet business demands.
About RemedyTemp
RemedyTemp, with 230 offices throughout North America, is a
professional staffing organization focused on delivering human capital
workforce solutions in various business sectors. The company operates
as Remedy Intelligent Staffing(R), Talent Magnet(TM) by Remedy(R),
RemX(R) Financial Staffing and RemX(R) IT Staffing. For additional
information, visit www.remedytemp.com.
CONTACT: RemedyTemp, Inc.
Janet Hawkins, 949-425-7712
or
PondelWilkinson
Roger Pondel or Rob Whetstone, 310-279-5980