Daily News
View All NewsBeige Book finds increased demand for temps
July 29, 2010
Temporary employment services reported increased demand in several Federal Reserve districts, according to the Federal Reserve Beige Book report released Wednesday.
Those districts reporting increased demand for temporary workers included Philadelphia, Atlanta, Richmond, Chicago and Minneapolis.
In addition, the Philadelphia, Atlanta, Dallas and San Francisco districts reported employers continue to rely on temporary staff over permanent hires.
Wage pressure was reported as contained across most districts.
Overall, economic activity has increased since the last Beige Book report in June, although the Cleveland and Kansas City districts reported the level of economic activity held steady.