Employment through staffing firms has fallen for five straight months. Similar pullbacks have preceded recent recessions.
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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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