Slowing or declining temporary job market
Temporary staffing companies tend to be the first businesses to witness growth after a downturn. Likewise, when the hiring of temporary employees slows or outright declines, it can be a warning signal of an economic downturn. You could argue that a decline in temporary jobs could show a transition to full-time jobs. But take note that decreases in the employment of temporary workers are usually related to cost-cutting measures.
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