All Employees, Temporary Help Services

TEMPHELPS • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,521.60

Year-over-Year Change

-2.80%

Date Range

1/1/1990 - 7/1/2025

Summary

Tracks total employment in temporary help services. Provides key insights into labor market flexibility and economic conditions.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Measures the number of employees working in temporary help and staffing services. Indicates economic adaptability and hiring trends.

Methodology

Bureau of Labor Statistics collects employment data from employer surveys.

Historical Context

Used to assess labor market flexibility and economic recovery potential.

Key Facts

  • Reflects economic hiring flexibility
  • Indicates business confidence
  • Sensitive to economic cycles

FAQs

Q: What does TEMPHELPS measure?

A: Tracks total number of employees in temporary help and staffing services. Indicates labor market flexibility.

Q: Why are temporary workers important?

A: Temporary workers provide economic flexibility. Help businesses adapt quickly to changing market conditions.

Q: How often is this data updated?

A: Bureau of Labor Statistics updates this employment data monthly. Provides current staffing trends.

Q: What does this indicator reveal about the economy?

A: Reflects business confidence and economic adaptability. Signals potential economic growth or contraction.

Q: Who uses this employment data?

A: Economists, policymakers, and business analysts use this to understand labor market dynamics.

Related Trends

Citation

U.S. Federal Reserve, All Employees, Temporary Help Services (TEMPHELPS), retrieved from FRED.