This week, according to the SIA | Bullhorn Staffing Indicator, temporary staffing hours were up 0.9% week-over-week and -10% year-over-year. Commercial staffing hours worked dropped -12% while hours worked in professional occupations decreased -4%. Professional Staffing had an indexed value of 136, while Commercial Staffing had an indexed value of 80, with US Staffing being 96, weighted to reflect the US staffing industry mix of professional and commercial jobs.
Temporary staffing hours overall have seen a decrease in the past five weeks and temporary help employment has fallen for the past three months. SIA projects a modest decline in commercial staffing and mixed trends in professional staffing in terms of market size for 2023. The SIA | Bullhorn Staffing Indicator provides valuable insight into the operation of the US staffing industry and can be used by staffing firms to track their performance and forecast trends.