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100 Manpower Place
Milwaukee, Wisconsin 53212
Manpower (NYSE:MAN) is the global leader in contingent and permanent recruitment workforce solutions, providing the personal flexibility and agility businesses need, while working with employees to support them to adapt and succeed in today's ever-changin ... more
Sales Executive and Branch Sales Manager
"There is definitely an improvement of the talk on the company level," said Sprague, noting that earlier this year the tone of conversation was much more pessimistic, focusing on how to cut back.
Of course contracts may not get signed, leading to no new hires, but this change of attitude is following the typical route to recovery, Sprague said.
Temporary workers are generally the first workers laid off when a recession starts, followed by those with permanent positions.
During that period, employers are in a frame of mind that they must make cuts where they can.
The next step is usually a period where the company sees improved profit margins and the remaining workers get busier as orders start to increase.
During this period, which Sprague thinks we're in now, company management has to decide whether it's now prudent to start committing to more workers.
They'll start by hiring part-time help to get them through some busy periods.
Once they feel confident that the company is heading in the right direction, they'll start hiring for permanent positions.
This is something Manpower appears to be preparing for.
Sprague said they've seen enough signs of improvement that they are opening a branch office in Burlington in January.
Sprague said it has been tough waiting for that next step that leads to hiring.
First Direct Lending LLC
University of North Carolina