Temporary Help Services Jobs vs. Real GDP and U.S. Recessions

Temporary Help Services Jobs at 12.9% YoY in April, are a good leading indicator before a recession (red line at -3.5%). In 2001, 2007 and 2020, when Temporary Help Services Jobs were below -3.5% YoY, a recession began in the United States.

Temporary Help Services vs. Real GDP and U.S. Recession