This week’s SIA | Bullhorn Staffing Indicator shows that temporary staffing hours worked in the US industry for the week ending June 3rd decreased -11% year-over-year, with both Commercial and Professional staffing hours down -11% and -9% respectively. As a result of the Memorial Day Holiday, week-over-week staffing hours decreased by -5.0%, with Commercial and Professional staffing down -4.3% and -7.4% respectively. Over the past five weeks, Commercial staffing hours fell by an average year-over-year growth rate of -12%, while Professional staffing hours decreased by an average of -5%. Compared to the same week two years ago (in June 2021), Commercial staffing was down -11%, while Professional staffing was up 5%. The US Staffing indexed value, weighted to reflect the US staffing industry mix of professional and commercial jobs, was 90 for the week ending June 3rd, following readings of 95 and 95 in the prior two weeks.
The SIA | Bullhorn Staffing Indicator can provide staffing firms with useful insights into past and current performance, as well as a tool for forecasting near term industry trends and outlook. With the US temporary staffing industry often functioning as a co