Economists estimate that 185,000 positions were likely added in January, according to Refinitiv. That would be a considerable drop from the 504,000 jobs added in January 2022 and the 520,000 added in January 2021. It also would nearly match the 183,000 monthly average between 2010 and 2019, Bureau of Labor Statistics data shows.
Temporary help As businesses recovered from the pandemic, they’ve increasingly relied on staffing agencies and contract employees. That sector started the pandemic with 2.9 million employees, plummeted to 1.9 million during the April 2020 trough, hit a record high of 3.56 million in July 2022 and has declined in each month since. “The recent decline in temp staffing is mostly the result of a healthy recovery in full-time, in-house hiring,” Pollak said.
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