New Labor Forecast Predicts Decrease in Demand For Temporary Workers in 2007 Fourth Quarter

November 03, 2007 (PRLEAP.COM) Business News
Newport Beach, Calif., - Demand for temporary workers in the United
States for the fourth quarter of 2007 is expected to fall approximately 3.9 percent over the
same period in 2006, according to the newly launched Palmer Forecast™, released today.

"The decrease in demand for temporary workers appears to be accelerating and is
expected to continue its steady year-over-year decline during the fourth quarter," said
Greg Palmer, founder and chief executive officer of G. Palmer & Associates, an Orange
County, CA-based staffing industry consulting firm. "The trend primarily reflects rising
unemployment, as well as relatively sluggish GDP forecasts.”

Palmer said demand for temporary workers for the third quarter of 2007 fell
approximately 1.5% below the same period of 2006, indicating that the downward trend
of the last two quarters is continuing.

The Palmer Forecast is based, in part, on Bureau of Labor Statistics and other key
indicators. The model was initially developed by The A. Gary Anderson Center for
Economic Research at Chapman University and serves as an indicator of economic
activity. Palmer said companies that employ temporary staff use the forecast as a guide to
navigate through fluctuating economic conditions in managing their workforce
intelligently to meet business demands.

About G. Palmer & Associates

G. Palmer & Associates, founded in 2006, advises companies in the human capital sector
with sales, operations and margin enhancement, and to explore strategic alternatives for
increasing shareholder value. Founder Greg Palmer has served on the board of the
American Staffing Association and was president and chief executive officer of
RemedyTemp, Inc., one of the nation’s largest temporary staffing companies, prior to its
sale in June 2006. For more information, visit www.GPalmerandAssociates.com .