Although stagnant employment due to closed businesses and forced closures impacted the workforce industry in 2013, it’s slowly recovering with record-high job postings and increased contract staffing rate. Accordingly, quality stockings such as TrueBlue, TBI, and Resources Connection, NASDAQ:, could rise over the next few months. We see the industry rebounding from a tough year. Temporary and contract staffing is increasing across all industries. The factors that are driving this year’s recovery in the staffing sector include next-generation automation and data-driven staffing. Remote work is also possible. Project-based hiring is another.

According to the Staffing Industry Analysts: (SIA), global staffing is expected to increase by 12%, reaching $445 billion next year. Additionally, U.S. revenue from staffing is forecast to increase 16% to $157.4 Billion. Staffing firms should reap the benefits of record-breaking job opportunities in healthcare and social assistance industries that require most workers.

A rising need for workers in a recovering economy could lead to investors choosing prominent stocks such as TrueBlue, Inc., Resources Connection, Inc., and RGP. Due to the solid financials and strong fundamentals of these stocks, they are likely to continue rallying.

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