Staffing Firm Owner Sees Signs of Recovery

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Based on hiring trends, jobs expert sees improvement by the end of 4th quarter of 2009

I see the labor market showing signs of improvement that I believe will be more visible by the 4th quarter of this year and closer to normal during Q1 2010. Right now the demand is for skilled workers in specialized fields such as application development, but their productivity invariably leads to increased demand in other areas six months down the road.

The managing partner of an Atlanta-based staffing agency is witnessing increased demand for workers with skills in web development, Java development and software engineering, a sign, he says, that the much-anticipated economic recovery may be nearing.

Tony Cornett, president and managing partner of the Mateo Group and an 11-year veteran of the staffing industry says that increased demand in these areas in previous downturns has led to enhanced economic activity and an improved business climate.

"Staffing is considered a bellwether industry because we see hiring trends 6-12 months in advance of business," says Cornett. "I see the labor market showing signs of improvement that I believe will be more visible by the 4th quarter of this year and closer to normal during Q1 2010. Right now the demand is for skilled workers in specialized fields such as application development, but their productivity invariably leads to increased demand in other areas six months down the road."

Founded in August of 2008, the Mateo Group, which specializes in technology staffing and hybrid RPO delivery solutions for businesses in the Greater Atlanta Metro area, has experienced six straight months of revenue gains this year, "Technology and applications continue to grow and our firm is witnessing increased demand for workers with strong technical skills. I see this trend continuing as American companies consolidate and reclaim jobs that they had sent overseas. Given these trends, I am optimistic for a turnaround before the end of the year.

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Tony Cornett
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