US Treasury Secretary Bessent is optimistic about the labour market and economy, temp staff companies are reporting good demand, historically that is a sign of more labour demand

• Have seen a CapEx boom, traditionally those are followed by labour booms.

The comments from Treasury Secretary Bessent suggest a continuing strength in the labor market, with temp staffing companies indicating robust demand, historically signaling increased labor needs. This optimism aligns with recent observations of capital expenditure growth, which typically precedes labor booms, possibly hinting at a positive trajectory for economic activity and employment rates.