Keep in mind that their data uses the change in jobs over a six-month trailing period. Thus the latest spike we see for temporary help (blue) isn't simply Christmas hiring.
Few relationships are ever guaranteed, but the relationship above makes a lot of sense.
As companies re-hire, first they start with temporary workers in order to minimize their risk. They then begin converting temporary help into full-time positions. Hopefully this historical relationship continues to hold true. Check out more great charts over at Econompic.
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See Also:
- Here's Why There Won't Be A V-Shaped Recovery In Jobs
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- Finally, US Employers Ready To Start Creating Jobs Again