The latest Pulse Survey of 172 staffing firms by Staffing Industry Analysts (SIA) found that staffing revenue fell by a median 3% year-over-year in February, reversing the 11% increase from the December survey. Financial/accounting, engineering/design, and IT staffing revenue rose, with locum tenens revenue increasing by a median 21%. Unfortunately, travel nurse and industrial revenue fell by a median 21% and 3% respectively. 27% of the participating firms reported laying off internal staff and 42% reported laying off temporary workers.
These results are included in a 41-page report with insights on trends in revenue, bill rates, orders, gross margins, recruiting/sales difficulty, and a six-month outlook for each staffing skill segment. For more information and to learn how to take part in the next survey, contact SIA Senior Research Analyst Curtis Starkey at [email protected].