Solid Job Creation to Continue - Kelly Services Advance Comment on Unemployment Rate Announcement
30 Juin 2004 - 5:53PM
PR Newswire (US)
Solid Job Creation to Continue - Kelly Services Advance Comment on
Unemployment Rate Announcement TROY, Mich., June 30
/PRNewswire-FirstCall/ -- The following commentary by Carl Camden,
president of global staffing company Kelly Services, Inc., is
offered in advance of the June unemployment rate announcement due
Friday from the U.S. Department of Labor. In May, the unemployment
rate remained at 5.6 percent, and the economy gained a reported
248,000 jobs. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) "The
skyrocketing employment numbers of recent months can be expected to
level off, but the clear trend is of strong and steady job creation
with ample sparkle ahead. "The economy has produced a million jobs
over the last three months, and we believe it can produce up to
another 1-to-1.5 million jobs before the end of the year. And these
are good jobs being created. There is opportunity across almost the
entire wage spectrum, where people are able to put themselves into
the types of jobs they want through a better matching of their
credentials to available jobs. There is tremendous pent-up demand
for workers needed to meet the uplift in orders for goods and
services. "Manufacturing employment is coming back but still has a
ways to go to reach the peaks we saw in 1999-2000. The types of
manufacturing jobs with the most growth right now are the
higher-end, specialty manufacturing positions. While demand for all
credentialed professionals is increasing, information technology,
telecom and engineering professionals in particular are the most
sought-after right now. "Conversions from temporary to permanent
jobs are rising. People seeking permanent jobs are increasingly
able to use temporary work as a way in the door. "During an
economic recovery, any single month's job data can show slackening
or surges. The trend in job creation over several months provides a
more meaningful gauge on the direction of employment than any
single month's data. A look at the current trend shows us in the
prime job-creating part of the economic upswing." About Kelly
Services Kelly Services, Inc. (NASDAQ:KELYANASDAQ:KELYB) is a
Fortune 500 company headquartered in Troy, Mich., offering staffing
solutions that include temporary services, staff leasing,
outsourcing, vendor on-site and full-time placement. Kelly serves
200,000 customers through 2,500 company owned and operated offices
in 26 countries. Kelly provides employment for nearly 700,000
employees annually, with skills including office services,
accounting, engineering, information technology, law, science,
marketing, light industrial, education, health care and home care.
Revenue in 2003 was $4.3 billion. Visit
http://www.kellyservices.com/ .
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: Bob Doetsch of Kelly Services,
+1-248-244-5362 Web site: http://www.kellyservices.com/
Copyright
Kelly Services (NASDAQ:KELYA)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Kelly Services (NASDAQ:KELYA)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024