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Temp Rally Looking Temporary
The young recovery still hasn't rippled into the job market, a profit warning from recruitment firm Robert Half (RHI Quote) suggests.
Placement company Robert Half International warned that its first-quarter sales and earnings would come in below expectations, as a result of weaker-than-expected hiring demand.
"Hiring demand among businesses was weaker than anticipated in the first quarter, despite indications of economic recovery in the U.S.," Harold Messmer, CEO of Robert Half, said in a statement. ...
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