Listening to Giants: Valuable Indicators?

Seeking Alpha contributer Mariusz Skonieczny put together a very illuminating (well, at least, interesting) article this week. Illuminating, if his conclusions are true; interesting, if like listening to giants.

Working under the assumtion that if you analyze the quarterly investment reports of a the two largest conglamerates within the staffing industry, because they are hiring ALOT of temporary employees, you are going to get a good indication of the direction of the overall economy. So Skonieczny gathered the statements from both companies for the last couple years.

If these reports do indicate the direction of the overall economy, then we are going in the right direction -things are improving. Of course, only time will tell.

Still, always interesting to get a little insight from these two giants. And I do mean GIANTS; collectively these two companies have $20 billion annual revenue!

Really, you have to ask yourself: does your recruiting firm offer a better service then these two GIANTS? In other words, are they better recruiters than you are? Doubtful.

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