Response to the Bureau of Labour Statistics (BLS) release of the first official estimate of the nation’s contingent workforce since 2005. Contributor Scott Fraleigh, President of MSP and Payrolling for global human capital solutions – Randstad Sourceright.
According to unofficial estimates, the U.S. contingent workforce—our part-time, freelance and contract workers—comprise anywhere from 0.1% to 34% of the nation’s labour market, said Fraleigh, who oversees North American contingent worker services for global human capital solutions provider Randstad Sourceright.
“What we all knew for certain was their numbers had grown exponentially since the last time BLS performed an official survey in 2005.”
With unemployment at record lows, and the demand for skilled labour so strong, employers are ready to embrace alternative employment structures. More than 75% of HR leaders say they are willing to fill open positions with contingent workers and 1-in-4 are already planning to shift traditional full-time positions to alternative arrangements over the next year.”
