ManpowerGroup, a provider of work force solutions, maintains that employers should offer flexible work models that include a range of full-time, contingent and virtual skilled workers in order to drive productivity in a volatile economy.

This comes as the U.S. Bureau of Labor Statistics reported that the overall January unemployment rate dropped to 8.3 percent, which is the lowest level since February 2009. The BLS also noted that the private sector created 257,000 new jobs in January while the economy has added U.S. jobs for 16 consecutive months.

"Last month's genuine job growth and the revised BLS figures from 2011 clearly boosts the nation's hiring confidence, but we do expect demand to continue fluctuating," says Jeffrey A. Joerres, ManpowerGroup chairman and CEO. "Employers must master flexible work models, which enable them to tap the right skilled talent, even remotely located, in a moment's notice. The pressure to drive productivity while volatile market conditions vacillate is intensifying. Companies that cannot quickly tap the right talent to execute their business strategy inevitably lose their competitive edge."

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.