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Beige Book: Labor conditions still weak

September 10 2009
Staffing Industry Analysts North American Daily News

Economic activity in the U.S. continued to stabilize in July and August, but labor conditions remained weak, according to the Federal Reserve Beige Book report released Wednesday.

Staffing firms in a majority of Federal Reserve districts reported a modest uptick in demand for temporary workers, but industry contacts in the Boston district questioned whether the gains will continue. The New York district reported a modest increase in temporary hiring in the legal and financial industries.

Wage pressure remained low, according to the report.

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