Temporary Staffing Firms See Improvement in Employment
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Staffing Industry Analysts Releases Pulse Survey Data
LOS ALTOS, Calif., Sept. 28 /PRNewswire/ -- Temporary staffing can be viewed
as an early indicator of overall employment. According to Staffing Industry
Analysts' latest Pulse Survey, a recovering trend is evident. On a monthly
basis, Staffing Industry Analysts, the nation's premier provider of marketing
intelligence and advisory services about the contingent (temporary) workforce,
surveys temporary staffing companies about revenue trends.
This month the survey says:
1. There is widespread improvement in sequential revenue trend in August
versus July. This is the second month in a row that sequential
improvement was commonly noted.
2. Direct hire sequential trends remain flat, however on a
weighted-average
basis, this sector continues to suffer year-over-year declines in the
35%-45% range.
3. Within temporary staffing, industrial and IT segments are seeing the
strongest recovery.
4. Travel nursing and legal temporary staffing are reporting
year-over-year
declines approaching 50% with no sequential relief.
5. Temporary staffing firms deriving a majority of their sales from the
tech/telecom sector are reporting the best overall revenue trends.
6. Manufacturing and finance/insurance sectors are also seeing sequential
improvement.
The Staffing Industry Analysts Pulse Survey is derived from staffing firm
participants. All staffing firms are welcome to participate; the full report
is available to only those companies who provide data. For more information
go to www.staffingindustry.com
About Staffing Industry Analysts
Staffing Industry Analysts is the premier advisory service about the
contingent workforce. Known for its independent and objective insights, the
company's award winning proprietary research, data, support tools,
publications, and executive conferences provide a competitive edge to
decision-makers who supply and buy temporary staffing. In addition to
temporary staffing, Staffing Industry Analysts also covers these related
staffing service sectors: third-party placement, outplacement, and staff
leasing (PEOs). Founded in 1989, acquired by Crain Communications Inc. in
2008, the company is headquartered in Los Altos, California, with offices in
London, England. For more information: www.staffingindustry.com
SOURCE Staffing Industry Analysts
Hinda Chalew of Staffing Industry Analysts, +1-650-232- 2368,
hchalew@staffingindustry.com
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