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According to Staffing Industry Analysts, the GDP growth is expected to slow again, with the best gains of the year already behind us. “Second-quarter growth in U.S. gross domestic product may be the highest for the year, according to The Conference Board. However, there are no signs of a double-dip recession” (SIA Website).
This is showing to have an effect on companies and their hiring practices, which has in turn led to a slow down in the start-up of staffing firms – though those that are able to get started are showing a better chance of success after two years.
We here at Alliance Enterprises have seen numerous staffing companies close their doors in the last few years, and most of the survivors have had to significantly reduce their overhead in order to stay alive. It is definitely a time to tighten the belts and refine the process, but what it shows most aggressively is the importance of having the best people on your team. The right person at your company can make all the difference during this tough economic battle.






