This week’s US Staffing Hours are up from the prior week, with the SIA | Bullhorn Staffing Indicator reflecting a 2.2% week-over-week growth. Year-over-year, however, the Indexed Value shows a 10% decrease for US staffing, 13% for Commercial staffing, and 3% for Professional staffing.
According to Staffing Industry Analysts, in the week ending April 15th, temporary staffing hours were down -14% year-over-year. Commercial staffing hours were down -16%, while Professional staffing hours decreased -7%.
Temporary help employment has been below last year’s levels since December 2022, losing -10,700 jobs in March 2023 (-4.1%). SIA expects a modest decline in commercial staffing and mixed trends in professional staffing in terms of market size for the full year 2023.
The SIA | Bullhorn Staffing Indicator serves as a tool for gauging near real-time weekly trends in the volume of temporary staffing delivered by US staffing firms. It reflects weekly hours worked by temporary workers through a sample of staffing companies utilizing Bullhorn’s technology solutions. This data is then weighted and benchmarked against US Bureau of Labor