I see a lot of numbers. Different sectors, different regions, different sized companies. There was a slight uptick in April.
Best I can figure is that a lot of employers are SMBs like myself and that we hire on visibility, confidence. When the stock market falls apart like it did in the months leading up to February, we get panic-stricken and defensive. We stop hiring.
Consensus is that the staffing industry is a leading economic indicator. But does it lead the stock market or trail it? What do you think?