Companies slowly starting to add jobs as economy... -
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Published on: 4/7/2002
Last Visited: 4/7/2002
"It's not the tidal wave that we're waiting for and that we'd like to see," John Boone, the chief executive of Employment Trends Inc., a temporary-staffing company in Portland, Ore., said recently."But the tide is rising."
U.S. businesses started adding jobs in February for the first time in seven months, helping push down the unemployment rate to 5.5 percent.Economists declared the yearlong recession over.
Temp firms were hit especially hard during the recession as they lost almost 500,000 jobs.
Demand for workers in health care, finance and manufacturing started picking up in February for Kelly Services, based in Troy, Mich. Boone's Oregon company saw activity last month in most fields.