The latest SIA | Bullhorn Staffing Indicator report released today paints a grim picture of the state of temporary staffing in the US. Data shows that week over week, hours worked in this sector dropped 10%, compared to the same period last year. Commercial staffing hours saw a 12% decrease while professional staffing hours dropped 4%.
The figures are reflective of decline in temporary help employment as reported in the Bureau of Labor Statistics’ monthly Employment Situation reports. In fact, this is the third month in a row to see a decline in temporary staffing employment.
The latest figures are evidence of the economic challenges companies are facing due to the COVID-19 pandemic. It is likely that the trend of decreasing hours worked will continue for the near future, as businesses struggle to recover from the effects of the pandemic and adjust to the new normal.
