Wednesday, July 17, 2013

Attention Staffing Companies - Need more contract workers? Many to apply...

74% of small businesses will fire workers, cut hours under Obamacare.

The US Chamber of Commerce released a report recently which indicates that there will be a seismic shift in the structure of the US workforce.  This will be heavily influenced by the Affordable Care Act (commonly referred to as Obamacare).  With small to medium sized businesses expected to be impacted the hardest by the changes to healthcare regulations, expect to see a huge number of people added to the rolls of those underemployed, out of the workforce, and/or seeking contracted work via staffing agencies.

This is unfortunate news for those employees which will be affected by the changes, but a good opportunity if you are a staffing company looking to grow.

Full story from the Washington Examiner here.

Friday, April 5, 2013

Brining Jobs back to North America

(Reuters) - Mexico's hourly wages are about a fifth lower than China's, a huge turnaround from just 10 years ago when they were nearly three times higher, according to new research by Bank of America Merrill Lynch.

Stagnant salaries in Mexico, fueled by strong population growth, will give Latin America's second-biggest economy an edge over China in the U.S. market, Bank of America Merrill Lynch economist Carlos Capistran said on Thursday.

Average hourly wages are now 19.6 percent lower in Mexico than China whereas in 2003 they were 188 percent more costly, according to the Bank of America study.

Full Story

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