Temp Agencies Learning to Love ObamaCare

Staffing companies like Robert Half International and On Assignment have seen their stock prices soar since President Obama’s reelection in November, as the election made it nearly certain that the implementation of the law would continue as planned. “In general [Obamacare] is viewed as something that will lead to increases in the penetration rate of temporary workers,” says Tobey Sommer, an analyst with SunTrust Robinson Humphrey. Firms like Robert Half International are especially well positioned to benefit from the law, Sommer says, because they specialize in small and medium-sized companies, the very sort that may be using temporary workers to help them stay below that all-important 50-worker mark.