Companies Are Increasingly Favoring Temporary Staff Over Permanent Hires
The unpredictability of global geopolitics and the economy is adding to hesitancy over how many workers they need, and for how long.
Photographer: Cole Burston/BloombergEmployers across the US and Europe are increasingly relying on temporary workers to keep their businesses going, holding off on permanent hires because of economic instability and artificial intelligence-driven disruptions.
Staffing firms, in their latest earnings calls, said clients are turning to contractors as companies evaluate how AI will affect their labor needs. The unpredictability of global geopolitics and the economy is adding to hesitancy over how many workers they need, and for how long.