NEW YORK (
Stockpickr) -- We all know someone who has been stuck in a job they dislike but, due to a weak economy, has had little choice but to suck it up and stay put.
Not anymore. The U.S. economy has suddenly shifted into a higher gear, and "help wanted" signs are popping up at many more companies. As a result, many workers will soon start to sniff around, seeing if they can land a better job elsewhere.
That's great news for staffing firms. From executive recruitment firms to temporary staffing agencies, the whole industry should benefit.
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To get a handle on
Friday's jobs report
and what it means for future gains, you need to look back at historical patterns. In the early 1990s, after companies laid off many employees, they froze hiring. It wasn't until early 1993 that more than 200,000 jobs were being created on a monthly basis. But the hiring upturn created a virtuous cycle as companies scrambled to hire talent before rivals could snatch them away. As a result, non-farm payrolls grew by more than 200,000 per month for much of the next six years.
Are we on the cusp of a sustained jobs boom? It's too soon to tell, but if we see another 200,000 jobs created in each of the next few months, then a clear trend will have been established.
some names that may benefit