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HIRAM, GA -- (Marketwired) -- 01/14/14 -- Labor SMART, Inc. (OTCQB: LTNC) (the "Company") an emerging provider of on-demand temporary staffing, today announced that it is opening three new offices as it continues to expand its geographic reach in the United States. The new offices will be located in Houston, Texas; Denver, Colorado; and St. Petersburg, Florida. The Houston and Denver offices mark the entry of Labor SMART (LTNC) into the states of Texas and Colorado. These are the first of several new offices planned for 2014 to meet the growing demand for temporary blue collar staffing needs of both large and small businesses.
Ryan Schadel, Labor SMART's CEO stated, "We continue to see growth in on-demand labor needs and believe this is a strong indication that the economy is strengthening. Because employers may still hesitate to hire full time employees for many reasons, we believe that the growth of on-demand temporary employment is indicative of a changing workplace and may signal a new paradigm that could render old ways of looking at employment data obsolete." Mr. Schadel reported that many companies prefer to use temporary workers as it is a cost-effective and smarter move than the more traditional hiring patterns of the past.
This trend appears to be demonstrated in Labor SMART's recently reported year-over-year growth. In 2013 Labor SMART revenues increased 130.7 percent compared to 2012. Mr. Schadel noted that industry analysts are calling for continued growth in this area.
Labor SMART has positioned itself to take advantage of this growth in the just-in-time labor market by providing unprecedented levels of service and having local presence in 15 growing markets, in states that include Georgia, Tennessee, Indiana, Kentucky, Florida, Alabama, South Carolina, North Carolina and Missouri in addition to the new offices opening in Texas and Colorado.