April marked an 18-year low for the US unemployment rate (3.9 percent), yet more jobs are still being created. April also saw the addition of 164,000 jobs in the United States, which has set up for a tight labor market. One in which companies are focusing on their attraction and retention programs.
This has bolstered interest in the staffing space: Its Zacks Industry Rank is 99 out of 256. Moreover, business services has been a strong performer, gaining 22.9 percent in a year (compared to the S&P 500 index’s 11.8 percent increase). Therefore, staffing company stocks are a good bet.
To learn more about the state of the staffing industry and how it is affecting the market, read the original article from Yahoo!